Pfizer says shareholders snap up remaining Zoetis shares

[riky]

Pfizer says shareholders snap up remaining Zoetis shares

<p><a href="http://news.yahoo.com/pfizer-says-shareholders-snap-remaining-zoetis-shares-142837716.html"><img src="http://l2.yimg.com/bt/api/res/1.2/XP.Xiw._3Mkq8.IsnTS7ug--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-24T150818Z_2_CBRE95N11VW00_RTROPTP_2_PFIZER.JPG" width="130" height="86" alt="A woman walks past the Pfizer Inc. headquarters in New York" align="left" title="A woman walks past the Pfizer Inc. headquarters in New York" border="0" /></a>By Ransdell Pierson (Reuters) - Pfizer Inc on Monday said it would complete the spinoff of its Zoetis Inc animal health business after investors offered to trade their Pfizer shares for the company's remaining majority stake in the unit. The drugmaker said it would distribute all its Zoetis Class A common stock, representing more than 80 percent of the animal health business, to investors who tendered Pfizer stock. Pfizer said it no longer would hold any ownership interest in Zoetis. The exchange offer of 0.9898 Zoetis share for each Pfizer share expired on Friday. ...</p><br clear="all"/>

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