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Ackman's Pershing Square Takes Stake in Drugmaker Zoetis

2014-11-12 07:08:47| Biotech - Topix.net

Bill Ackman 's Pershing Square Capital Management LP acquired an 8.5 percent activist stake in animal drug maker Zoetis Inc. , sending its shares to a record high yesterday. Ackman informed Zoetis of the stake in a phone call, the company said in a statement, without providing further details.

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Category:Biotechnology and Pharmaceuticals

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