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Tuesday, January 02, 2024 10:09:01 PM
The company is clearly working to get this done with the very least interference from investors. It's clear that at least a few legal firms are seeking to prevent this from happening, at least in the manner currently proposed. I have no idea if any of them have the support of one or more of the major Institutional holders, without that it no doubt will pass as they wish.
There is just over 4 weeks, but hopefully it's sufficient time to get an additional proposal, or for ABBV to up the ante to avoid a shareholder veto of the agreement.
Gary
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