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Friday, May 2, 2014

Deals of the day- Mergers and acquisitions, (NYSE: AZN), (NYSE: PFE)

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday: ** U.S. drugmaker Pfizer Inc has raised its offer for AstraZeneca Plc to 63 billion pounds ($106.44 billion), for a deal that would create the world's biggest pharmaceuticals company.** InterContinental Hotels Group said on Friday it would return $750 million to shareholders and was considering selling off more hotels after reporting its strongest revenue per room performance in seven quarters.

AstraZeneca PLC (AstraZeneca) is a global biopharmaceutical company. Shares of AZN traded higher by 0.02% or $0.02/share to $81.11. In the past year, the shares have traded as low as $46.87 and as high as $82.68. On average, 3321590 shares of AZN exchange hands on a given day and today's volume is recorded at 669957.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE fell by 0.58% or $-0.18/share to $30.97. In the past year, the shares have traded as low as $27.12 and as high as $32.96. On average, 29318400 shares of PFE exchange hands on a given day and today's volume is recorded at 2686987.



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