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Ackman Takes Stake in Zoetis; Shares Surge

Bill Ackman is going to the dogs, not to mention the cats and cows. Shares of Zoetis (ZTS) closed at $43.72, rising 8.86% after the Wall Street Journal reported that the hedge fund titan had taken a $2 billion stake in the animal-health company and could push Zoetis to sell itself to a large drug [...]
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