Glencore Sticks to Xstrata Offer Despite Pressure

Glencore International Plc is continuing to stick to the terms of a $33 billion bid for Xstrata Plc, resisting mounting pressure from shareholders to sweeten the offer four days before investors vote, according to a person with knowledge of the matter.
What's Driving the M&A Frenzy in Pharmaceuticals?
40:43 - Jefferies Analyst David Steinberg discusses mergers and acquisitions in the pharmaceutical industry. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
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