Letters to the Editor - 15/05 - Politicising M&A, Best of Twitter

Politicising M&A

[Re: Britain’s apparently open economy can’t afford this Pfizer political inquisition, yesterday]

Government interference in the market always leads to disaster. The shareholders and their board of directors created Pfizer and Astrazeneca, and only they should decide their future. House of Commons committees are merely a device for airing political prejudice or personal ignorance. In other words, they are a waste of time and money, and their presumption of authority over chief executives is offensive.

R Fairless

Most politicians know nothing about commerce and the ones that do keep quiet about it. The whole point of cutting taxes is to increase revenue by attracting more capital. So Pfizer’s proposed bid for Astrazeneca should be viewed as a great success for government policy. Also, there is absolutely nothing the government can do under current laws to block the takeover, so this whole discussion is moot.

Name withheld

The logic and the rationale of the economic nationalists is embarassingly bad. Perhaps we should just nationalise Astrazeneca?

Jamie Lin

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