Thu, May 23, 2013, 2:33 PM EDT - U.S. Markets close in 1 hr 27 mins
Why is it called a "spin-off"? Usually when a company spins off a portion of their assets, it goes to
existing stockholders. Why don't they call it a "sell-off"? Essentially it is an IPO of a certain segment of their business.
I've been sitting on PFE for 10 years. They don't give shareholders anything.
They give a dividend to me and the share price is up about ten bucks in the past two years. What else do you want them to give to you?
As shareholders of Pfizer, are we going to receive shares of the IPO?