AbbVie Announces Plans to Acquire Allergan for $63 Billion

On June 25, 2019, AbbVie Inc. and Allergan announced that the companies have entered into a definitive transaction agreement under which AbbVie will acquire Allergan in a cash and stock transaction for a transaction equity value of approximately $63 billion, based on the closing price of AbbVie’s common stock of $78.45 on June 24, 2019.

To view the press release visit https://www.abbvie.com/abbvie-allergan.html

Posted in AZBio News.