The following corporate finance-related stories were reported by media on Friday: * Pfizer Inc (PFE) plans to send out information on its infant-nutrition unit to potential bidders in September, kicking off an auction that may fetch as much as $10.5 billion, said people with knowledge of the process, Bloomberg reported in its online edition. * Laird has rebuffed a sweetened 533 million pounds ($870.5 million) takeover approach from Cooper Industries but left the door open to its suitor, saying it would be willing to open its books if the U.S. manufacturer were to table an "acceptable" proposal, the Financial Times reported in its online edition.
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