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DewDiligence

11/11/14 5:55 PM

#183759 RE: DewDiligence #172356

ZTS jumps on disclosure of 10% stake by Pershing Square and another hedge fund:

http://www.bloomberg.com/news/2014-11-11/ackman-s-pershing-square-takes-stake-in-animal-drugmaker-zoetis.html

http://online.wsj.com/articles/ackman-takes-stake-in-animal-health-company-zoetis-1415738359

Ackman’s idea of having ZTS sell itself to a pharma company is curious insofar as a lot of money was recently spent to separate ZTS from a pharma company (PFE).