ownyourfuture
Thinks s/he gets paid by the post
- Joined
- Jun 18, 2013
- Messages
- 1,561
I understand Pfizer did a spin-off of its animal business under the name Zoetis Inc. in 2013. Did you receive shares of the spin-off ?
I own Eli Lilly (LLY) & in late July, they announced they will spin off the animal-health unit Elanco.
https://www.bloomberg.com/news/arti...n-off-animal-drugs-unit-opting-against-a-sale
It was very difficult to reach investor relations, & when I did, the spokesperson made it sound like LLY shareholders wouldn't receive shares in new company ?
I've been involved in many stock mergers/acquisitions, but never one of these.
I own Eli Lilly (LLY) & in late July, they announced they will spin off the animal-health unit Elanco.
https://www.bloomberg.com/news/arti...n-off-animal-drugs-unit-opting-against-a-sale
It was very difficult to reach investor relations, & when I did, the spokesperson made it sound like LLY shareholders wouldn't receive shares in new company ?
I've been involved in many stock mergers/acquisitions, but never one of these.
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