Term Sheet

Following the big money from Silicon Valley to Wall Street
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  • Pfizer Inc. (NYSE: PFE) said that it will split off its remaining 80% interest in its former animal health unit Zoetis Inc. (NYSE: ZTS), which completed a $2.2 billion IPO back in February.   More

  • Interactions Corp., a Franklin, MA-based provider of conversational virtual assistant applications for customer service, has raised $40 million in new VC funding.   More

  • Apax Partners has agreed to acquire specialty apparel retailer Rue21 (Nasdaq: RUE) for approximately $1.1 billion, or $42 per share (23% premium to yesterday's closing price).   More

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