Much hot air has been expended, mainly by Labour politicians, on the pure evil that is Pfizer and American business and how the whole thing is a tax dodge etc. Little such attention is paid to Glaxo, another large UK company, being accused of massive corruption in China. How one-eyed politicians are.
Yet with one swift missive it can all be over. Pfizer have said, after coming back with an offer at $55 a share overnight, that this is a final bid. The Board of Astrazeneca have rejected this so, to all intents and purposes that it likely to be that.
Capitalism, eh? More efficient than politics everytime.
