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Pfizer (NYSE:PFE): Closing price $27.28
Zoetic, which is Pfizer’s animal health spin-off, has priced its initial public offering at $26 per share, which is a bit above the expected $22 to $25 range. The shares will likely be traded on the New York Stock Exchange on Friday under the symbol “ZTS.”
J.P. Morgan, BofA Merrill Lynch and Morgan Stanley are leading the offering.
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