Pfizer (PFE) reportedly favors spinning off its animal health unit rather than selling it,...

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

Pfizer (PFE) reportedly favors spinning off its animal health unit rather than selling it, because of the tax and antitrust implications of a sale. Pfizer would still consider bids for the ops, which could be valued at $12B-$15B, while it prepares for a spinoff, although an auction in unlikely.