Bloomberg Turnaround: How to Take Advantage of a $117 Billion Takeover Bid

Bloomberg Turnaround: How to Take Advantage of a $117 Billion Takeover Bid

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Pfizer's attempt to acquire AstraZeneca in 2014, which would have been the largest pharmaceutical takeover. Despite personal challenges, the speaker remained determined to keep the company independent, even with a low probability of success. Political and economic implications were significant, with lawmakers in various countries expressing concerns. AstraZeneca ultimately rejected the deal, focusing on its pipeline and future value for patients and shareholders. The situation galvanized the staff, leading to a renewed focus on delivering value.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the final offer made by Pfizer for AstraZeneca?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the circumstances surrounding the stressful day mentioned in the text.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of the bankers at the end of the first day of negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the main concern of lawmakers in Britain, Sweden, and the US regarding the Pfizer-AstraZeneca deal?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the situation impact the staff according to the text?

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