Editing Pfizer (section)

===2013 Quigley Company asbestos settlement===
The Quigley Company, which sold [[asbestos]]-containing insulation products until the early 1970s, was acquired by Pfizer in 1968. In June 2013, asbestos victims and Pfizer negotiated a settlement that required Pfizer to pay a total of $964{{nbsp}}million: $430{{nbsp}}million to 80% of existing plaintiffs and place an additional $535{{nbsp}}million into a settlement trust that will compensate future plaintiffs as well as the remaining 20% of plaintiffs with claims against Pfizer and Quigley. Of that $535{{nbsp}}million, $405{{nbsp}}million is in a 40-year note from Pfizer, while $100{{nbsp}}million is from insurance policies.<ref>{{Cite news |url=https://www.theday.com/article/20130627/BIZ03/306279581 |title=Pfizer to pay $958M to end asbestos litigation |first=Tiffany |last=Kary |agency=[[Bloomberg News]] |date=June 27, 2013}}</ref>