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M&A - PFE & WYE - how does this work?
I am very new to M&A trading, maybe someone can explain in detail. so PFE is buying WYE today for $50.19 per share, all cash. Both boards approved the deal. Why is the stock ttrading (now) at $45.85, 10% below the buyout? AP Pfizer to buy Wyeth for $68 billion, cut...