Abbvie
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Chester County Daily News Business Briefs
VISTA Today Daily News Business Briefs are concise stories that bring you up to date with what’s going on around Chester County. This morning: Shire…
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Undeterred By Abandoned Deal, Shire Posts Record Sales Growth
Backing out of its mega deal was all AbbVie’s loss, as the pharmaceutical giant’s target, Shire, recently heralded record sales growth and a lofty vision for…
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Chicago Firm Swallows $1.64B Pill For Canceling Shire Takeover
AbbVie, the Chicago pharmaceutical giant trying to buy out Shire, got a costly flip-flop instead of an inversion this week after U.S. government rule changes…
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Government Crackdown On Inversions Threatens Shire Deal
The mere mention of a meeting by Chicago-based AbbVie to consider backing out of its $54.8 billion takeover of Shire was enough to send the stock of…
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Shire Shareholders’ Hearts Sink As Obama Vows Crackdown On Tax Inversion
Just as lawyers with Chicago pharmaceutical company AbbVie prep the company for its tax-saving flight overseas to the newly-acquired Irish headquarters of Shire, whose U.S.…
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Breaking – Billions Sway Shire To Accept AbbVie’s $54.8B Takeover Offer
A pot sweetened by nearly $10 billion in recent weeks has persuaded the board of directors for Shire, a global pharmaceutical company with U.S. headquarters…
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New Offer Could Make AbbVie – Shire The Deal Of The Year
The fifth time may be the charm for the sensationalized takeover of Shire, the global biopharmaceutical company whose U.S. operations are based in Wayne. Shire…
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Wayne-Based Shire Tossed Fourth Buyout Bid
Abbvie wants Shire and it doesn’t appear willing to take ‘no, thank you’ as a response. The aggressive Chicago-based AbbVie slammed Shire with a fourth…
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Philly.com Suggests Shire Takeover Attempt May Turn Hostile
An intense desire to pay lower taxes has put a bull’s-eye on Shire, which operates offices in Wayne and Exton — even if Shire shareholders…
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Shire Goes On Offensive To Fend Off $46B Takeover Bid
Over the last week Philly.com has kept close tabs on Abbvie’s $46.5 billion takeover initiative to acquire Shire Plc. Shire, officially headquartered in Ireland, has significant…
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