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DewDiligence

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DewDiligence

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Re: DewDiligence post# 182752

Thursday, 10/16/2014 9:01:55 AM

Thursday, October 16, 2014 9:01:55 AM

Post# of 251706
ABBV BoD recommends dropping SHPG merger, but will put the matter to a shareholder vote; if ABBV shareholders vote against the deal, ABBV will owe SHPG a $1.6B break-up fee (not $500M, as has been incorrectly reported):

http://finance.yahoo.com/news/abbvie-board-recommends-stockholders-vote-035300959.html

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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