Pfizer

Investor's Business Daily

Pfizer (NYSE:PFE - News) received a preliminary offer from German chemicals giant Bayer (OTCPK:BAYRY) for its animal health business, reports said. Leerink Swann estimates that Pfizer's veterinary business would likely fetch $14 bil-$18 bil in a sale. Pfizer shares edged up 0.1% to 21.48.

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