Ackman Takes Stake in Zoetis; Shares Surge
November 11, 2014 at 16:47 PM EST
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 [...]