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Pfizer Moves to Have Warner-Lambert's Board Removed

 

Updated from 1:39 p.m. EST

Pfizer (PFE Quote) sought Tuesday to throw out the board of Warner-Lambert (WLA Quote) as it pursues its hostile bid for the drug company.

Pfizer is starting the process of soliciting shareholder votes to remove and replace Warner-Lambert's board as it tries to convince the shareholders of its rival to agree to a Pfizer takeover. ...

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