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Wyeth auditor change

This article was originally published in The Tan Sheet

Executive Summary

Stockholders will be asked to ratify appointment of new auditor PricewaterhouseCoopers at April 25 annual meeting. Wyeth announced March 18 it was replacing Arthur Andersen, which has served as the company's independent auditor for 33 years, saying "it was in the best interests" of Wyeth and its shareholders to change auditors "at this time." Abbott Labs, Merck also announced plans to replace the beleaguered Andersen firm...
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