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Brennan’s Abrupt Departure Has Some Viewing AstraZeneca As A Buyout Target

This article was originally published in The Pink Sheet Daily

Executive Summary

A rough first quarter and news of the CEO’s decision to step down in slightly over a month leads to speculation that AstraZeneca could be an attractive M&A target for another pharma that might shut down the company’s struggling R&D effort and cash in on the existing portfolio.

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