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Replies to post #161503 on Biotech Values

Replies to #161503 on Biotech Values
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DewDiligence

05/22/13 1:29 PM

#161510 RE: ilpapa #161503

PFE/ZTS—These kinds of optional swaps always have a discount to induce shareholders to tender, but the magnitude of the discount (7%) wasn't known until today.