http://www.fiercebiotech.com/story/buzz-astrazeneca-reorganization-inspires-fresh-rumors-shire-bid/2013-01-16
Don't put it past AZ to buy Shire. There's an old relationship there as much of Shire senior management in PA, including outgoing Chairman Angus Russel came from AZ. In fact, Shire occupies AZs old offices in Wayne, PA.
I expect this to happen later in the year. First thing AZ will do is close the expensive Shire sites.
seems like it would be a good time to sell, not much in the pipeline but still can command a premium price. Plus they just made the salesforce more lean to make it more attractive.
Remember this from last year? Now the stock price is through the roof, deadweight management has been moved around - thank you Flemming!!