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Pfizer walks away, AstraZeneca shares fall

The Pfizer logo is seen at their world headquarters in New York April 28, 2014. REUTERS/Andrew Kelly
The Pfizer logo is seen at their world headquarters in New York April 28, 2014. REUTERS/Andrew Kelly

NEW YORK (WKZO) -- British drugmaker AstraZeneca's stock prices are down, now that U.S. pharmaceutical giant Pfizer said it's done trying to buy the British firm. AstraZeneca's share price fell nearly 2.5-percent in early trading Tuesday. Pfizer made a number of offers to take over its smaller rival over the past month, but walked away after AstraZeneca turned down a final offer of 118-billion dollars from the world's biggest drugmaker.

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