1. Zoetis, Under Pressure From Activist Investor Ackman, Will Offload 10 Plants

    Zoetis, Under Pressure From Activist Investor Ackman, Will Offload 10 Plants

    Animal health leader Zoetis ($ZTS) is using a move out of the Amgen ($AMGN) playbook, whacking on manufacturing to cut costs and appease an aggressive activist investor. Zoetis announced in its first-quarter earnings release today that it will sell or close...

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