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Post# of 257432
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DewDiligence

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Re: Rocky3 post# 224066

Friday, 03/15/2019 3:18:14 PM

Friday, March 15, 2019 3:18:14 PM

Post# of 257432
Performance has to be measured relative to the post-split basis of each successor company. ABBV’s post-split basis was 52.02% of the original company’s, while new-ABT’s post-split basis was 47.98% of the original company’s. I.e., ABBV's post-split basis was 8.4% higher than new-ABT's.

“The efficient-market hypothesis may be
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