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Title: |
Letter |
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Entities: |
Eisai Co., Ltd.; Monsanto Co.; Pfizer, Inc.; Pharmacia Corp. |
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Date: |
2002 |
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Size: |
Preview shows 4KB of 151KB total |
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Price: |
$56 |
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ID: |
#222882 |
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The following is an English translation of a letter and information brochure in Swedish which was sent to holders of Swedish depository receipts in Pharmacia Corporation:
* * *
November 5, 2002
Dear Pharmacia holder,
On behalf of Pfizer we hope to have the opportunity of welcoming you as a shareholder after the completion of the merger. By joining the resources and talents of these two great companies, we are creating a global enterprise with significant competitive strengths, including a broad and deep product portfolio, a robust and varied pipeline of new products and cutting-edge medical research based on the latest discoveries and technologies. We go forward together with many important accomplishments on the forefront of medical innovation, and a renewed commitment to meeting the medical needs of millions of patients around the world.
If the merger is completed, your Pharmacia Swedish depositary receipts will be converted into shares of Pfizer. For every Pharmacia Swedish depositary receipt you own, you will receive 1.4 shares of Pfizer stock. We at Pfizer are committed to achieving a smooth share-transfer process. For those of you who do not hold your Swedish depository receipts through a nominee, unless you elect otherwise, your Pfizer shares will therefore automatically, and at no charge, be deposited in an account at EquiServe Trust Company, N.A. (EquiServe), an American equivalent of VPC and the U.S.-based handling agent for Pfizer shares.
With EquiServe, you will receive the first two dividends from Pfizer in Swedish kronor, (after deduction of a small currency conversion charge). Through EquiServe, you will also be eligible for enrollment in our award-winning Pfizer Shareholder Investment Program. Designed for private investors and with more than 175,000 registered U.S. and non-U.S. members, this program allows individuals to hold Pfizer shares, add to their holdings and reinvest dividends in Pfizer shares all at no cost.
EquiServe also allows you to sell your Pfizer shares on the New York Stock Exchange at low cost. In addition, through the end of March 2003, all shareholders will be able to sell their Pfizer shares through EquiServe free of charge. Should you for any reason prefer to sell Pfizer shares, you may therefore do so at no cost during this period. Furthermore, the proceeds from any such sale through EquiServe in Swedish kronor can be deposited in your Swedish bank account (after deduction of a small currency conversion charge).
U.S. law requires a filing of federal tax forms when your Pfizer shares are registered with EquiServe, and Pfizer will provide a Swedish translation of that form. Holding your shares through a bank or brokerage eliminates this requirement.
To simplify matters, Pfizer will update you on available options and, during the transition period, provide a toll-free Swedish-language help-line to answer any questions you might have about Pfizer, the Pfizer Shareholder Investment Program, EquiServe, required U.S. tax forms and the share exchange.
If you have any questions or concerns, please call the Swedish toll-free shareholder help-line at 020-130 12 00. The service will be staffed between 9 am to 5 pm Monday to Friday, excluding holidays, from now until the end February 2003.
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