Stock ETFs Open Higher Amid Dealmaking
April 04, 2011 at 10:53 AM EDT
Exchange traded funds (ETFs) opened slightly higher Monday on a new round of corporate deals. Pfizer Inc. and Kohlberg Kravis Roberts & Co. LP said Monday that an affiliate of KKR would pay $2.4 billion in cash to buy Pfizer’s Capsugel unit, described as the world leader in hard capsules and...