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Tuesday, July 8, 2014

BRIEF-Shire says board to meet to consider Abbvie's proposal, (NYSE: ABBV)

Shire Plc : * Notes announcement by Abbvie Inc of a revised conditional non-binding proposal for a cash and share offer for Shire* Board of Shire will meet to consider proposal and a further announcement will be made in due course* Confirms that Abbvie did not make revised proposal to Shire before announcement Source text for Eikon: Further company coverage:

AbbVie Inc. (AbbVie) is a research-based pharmaceuticals company. Shares of ABBV remained unchanged at $57.40. In the past year, the shares have traded as low as $42.25 and as high as $58.27. On average, 5783610 shares of ABBV exchange hands on a given day and today's volume is recorded at 3352.