The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Friday: ** British drugmaker Shire PLC has rejected a 27 billion-pound ($46 billion) takeover offer from AbbVie Inc , the latest attempt by a U.S. healthcare firm to tap into lower tax rates abroad via an acquisition.** Midstream energy company Targa Resources Corp said on Thursday it is no longer in discussions with Energy Transfer Equity LP, the pipeline company controlled by billionaire Kelcy Warren, regarding a deal.
AbbVie Inc. (AbbVie) is a research-based pharmaceuticals company. Shares of ABBV fell by 0.39% or $-0.21/share to $53.98. In the past year, the shares have traded as low as $41.07 and as high as $55.40. On average, 5701390 shares of ABBV exchange hands on a given day and today's volume is recorded at 3552864.
Energy Transfer Equity, L.P. (Energy Transfer Equity) is a limited partnership company. Shares of ETE traded higher by 2.85% or $1.53/share to $55.25. In the past year, the shares have traded as low as $26.56 and as high as $54.84. On average, 1563120 shares of ETE exchange hands on a given day and today's volume is recorded at 291784.
Targa Resources Corp. (Targa) forms the Partnership to own, operate, acquire and develop a diversified portfolio of complementary midstream energy assets. Shares of TRGP fell by 9.51% or $-14.33/share to $136.29. In the past year, the shares have traded as low as $60.01 and as high as $160.97. On average, 289291 shares of TRGP exchange hands on a given day and today's volume is recorded at 918435.
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