Alliance Boots is reportedly holding out for a higher takeover...

Alliance Boots is reportedly holding out for a higher takeover bid after seeing its shares soar following a £9.7 billion (€14.3m-$19.1m) friendly bid from its deputy chairman, Stefano Pessina, and a large private equity firm, Kohlberg Kravis Roberts (KKR). The board of Alliance Boots thinks that the offer ?did not ...

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