Pfizer recommends stockholders reject discounted 4M-share tender offer

|About: Pfizer Inc. (PFE)|By:, SA News Editor

Pfizer (NYSE:PFE) lets shareholders know that it does not think much of TRC Capital's mini-tender off of $31.60 for 4M common shares. It recommends that investors reject the offer, an almost 2% discount to yesterday's close of $32.14. The number of shares represents 0.067% of the company's common stock outstanding.

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