{"id":2877,"date":"2014-05-13T00:12:25","date_gmt":"2014-05-12T15:12:25","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=2877"},"modified":"2014-05-12T16:15:13","modified_gmt":"2014-05-12T07:15:13","slug":"financial-times-may-12","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=2877","title":{"rendered":"Financial Times (May 12)"},"content":{"rendered":"<p>There\u2019s little obvious business sense to Pfizer\u2019s proposed takeover of AstraZeneca. Strategically, there\u2019s not much to be gained aside from effecting a change of tax domicile. \u201cPfizer\u2019s dealmaking history is moreover a deeply dispiriting one\u2026. Despite having spent some $240bn on three big acquisitions since 2000, its market capitalisation is just $185bn today. Meanwhile the Dow Jones index is more than 40 per cent higher.\u201d AstraZeneca\u2019s directors must proceed warily. This is about more than the potential short-term profit to existing shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s little obvious business sense to Pfizer\u2019s proposed takeover of AstraZeneca. Strategically, there\u2019s not much to be gained aside from effecting a change of tax domicile. \u201cPfizer\u2019s dealmaking history is moreover a deeply dispiriting one\u2026. Despite having spent some $240bn on three big acquisitions since 2000, its market capitalisation is just $185bn today. Meanwhile the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2684,3678,3680,555,78,1523,3645,652,200,1151,1267,2260,3679],"class_list":["post-2877","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-acquisitions","tag-astrazeneca","tag-dealmaking","tag-directors","tag-dow-jones","tag-market-cap","tag-pfizer","tag-profit","tag-shareholders","tag-short-term","tag-strategy","tag-takeover","tag-tax-domicile"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2877"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2877\/revisions"}],"predecessor-version":[{"id":2878,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2877\/revisions\/2878"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}