![]() Peltz brings Ingersoll-Rand's board to 12 members, 11 of which are independent directors. Ingersoll-Rand PLC (IR) - Activist investor Nelson Peltz is taking a seat on the board at the Irish-based industrial conglomerate less than four months after announcing a huge stake in it. Pfizer said the Zoetis offering may happen in the first half of 2013. ![]() Pfizer then will keep a controlling interest in the company through Class B shares that it may give to its shareholders. ![]() Neither Zoetis nor Pfizer will receive proceeds. The company said it will exchange Class A common shares to debt holders, who will then sell the stock. A regulatory filing with the Securities and Exchange Commission does not detail the size of the offering or the anticipated share price. The long-anticipated offering by the world's largest drugmaker will represent up to a 20 percent ownership stake in the animal health business, which it named Zoetis. (PFE) - The New York-based drug maker said it plans an initial public offering of a minority stake in its animal health business to pay off debt. The company's shares closed Monday at $23.27, down 12 cents. Amplify will incorporate the student assessment software business Wireless Generation, which News Corp. Students will use the tablets at school and home, and the system will track their progress and tailor lessons to each student's level. None of the schools selected to participate will have to pay for the program profits will come down the road. Amplify and AT&T will fund a pilot project that will put tablet computers in students' hands in the coming school year. also launched Amplify, its entry into digital learning. The network is a 50-50 partnership between News Corp.'s Fox International Channels and RCN Television Group, a TV show producer based in Colombia. The MundoFox network launched on stations such as KWHY-TV in Los Angeles and WPXO-LD in New York, covering some 11 million Hispanic households. (NWSA) - Rupert Murdoch's media conglomerate launched its Spanish-language TV network on 50 stations, marking a challenge to leaders Univision and Telemundo in the fight for Hispanic audiences in the U.S.
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