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Replies to post #210624 on Biotech Values

Replies to #210624 on Biotech Values

DewDiligence

04/17/17 11:41 AM

#210661 RE: DewDiligence #210624

ABT—(+1.4%)—rebounds on ALR settlement (#msg-130490181). For the lowered price of $7.9B in cash (including assumption of $2.6B in debt), I think ABT is getting fair value.

DewDiligence

07/07/17 5:31 PM

#212287 RE: DewDiligence #210624

ALR shareholders approve (amended) cash buyout by ABT:

https://finance.yahoo.com/news/alere-shareholders-approve-amended-merger-201500793.html

The deal is expected to close in 3Q17 (the current quarter).