Ashutosh Gurtoo

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6 awesome paid iPhone apps that are now free for a limited time

Here at BGR, we often tell readers when a nifty paid app is available for free for a limited time. Paying for apps is of course the only way to …

Allergan's Board Rejects Valeant's $45.7B Takeover Offer Saying That It Is Undervalued

Allergan Inc.’s (NYSE:AGN) board Monday rejected an unsolicited takeover proposal by Valeant Pharmaceuticals International, Inc. (NYSE:VRX) worth …

AT&T in talks to buy DirecTV for nearly $50 billion: sources | Reuters

NEW YORK/LOS ANGELES (Reuters) - AT&T Inc is in active talks to buy satellite TV provider DirecTV and may finalize a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.<p>The second-largest wireless operator is discussing an offer in …

5 things you need to know about the Pfizer-AstraZeneca battle

Ackman calls Allergan shareholders to meeting on Valeant talks | Reuters

(Reuters) - Pershing Square Capital Management, led by investor William Ackman, went directly to Allergan Inc shareholders on Tuesday and asked them to vote on its joint $47 billion (27.9 billion pounds) bid with Valeant Pharmaceuticals International for the company.<p>William Ackman, founder and CEO …

Companies Face Backlash Over Foreign Mergers To Avoid U.S. Taxes

U.S. drugmaker Pfizer has offered more than $100 billion to acquire its London-based rival, AstraZeneca. Pfizer says it likes AstraZeneca's strong "pipeline" of new drugs. But the American company makes clear it is pursuing the British firm because it wants to lower its tax rate.<p>All Pfizer has to …

Pfizer boss admits Astra move would cost jobs and cut R&D spending

US drug firm Pfizer has admitted that its proposed £63bn takeover of UK rival AstraZeneca would lead to job cuts and a big reduction in the combined companies' research and development spending.<p>Pfizer's chief executive, Ian Read, who was facing questions from MPs on the first of two days of …

Pfizer's proposed takeover of AstraZeneca: questions MPs should ask

Questions for Ian Read, chief executive of Pfizer<p><b>1 How can you guarantee this takeover will not jeopardise Britain's position in scientific research and development?</b><p>Pfizer has been attacked by scientists and MPs over its track record of closing down R&D facilities following previous takeovers. This …