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DewDiligence

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DewDiligence

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Re: idkmybffjill post# 16

Monday, 02/11/2013 8:55:06 PM

Monday, February 11, 2013 8:55:06 PM

Post# of 112
The exact distribution arrangement hasn't been determined yet. If PFE offers a voluntary exchange (the most likely scenario), the exchange ratio will reflect the market prices of PFE and ZTS at the time of the offering, but there will be a discount applied to the share price of ZTS to encourage PFE shareholders to participate.

You can study what BMY did with the MNJ spinoff to see how a voluntary-exchange offering works.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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