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DewDiligence

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DewDiligence

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Tuesday, 06/25/2019 10:00:35 AM

Tuesday, June 25, 2019 10:00:35 AM

Post# of 751
ABBV acquires AGN for $63B in cash+stock:

https://finance.yahoo.com/news/abbvie-acquire-allergan-transformative-move-104200213.html

Under the terms of the Transaction Agreement, Allergan Shareholders will receive 0.8660 AbbVie Shares and $120.30 in cash for each Allergan…for a total consideration of $188.24 per Allergan Share [based on ABBV’s 6/24/19 closing price]. The transaction represents a 45% premium to the closing price of Allergan's Shares on June 24, 2019.

“The efficient-market hypothesis may be
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