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Friday, June 20, 2014

Deals of the day- Mergers and acquisitions, (NYSE: ABBV)

The following bids, mergers, acquisitions and disposals were reported by 2000 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.

AbbVie Inc. (AbbVie) is a research-based pharmaceuticals company. Shares of ABBV fell by 1.64% or $-0.89/share to $53.30. 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 12832505.