AbbVie Raises Offer for Shire to $51.5B in 4th Bid

AbbVie Raises Offer for Shire to $51.5B in 4th Bid Play

July 8 (Bloomberg) -- AbbVie Inc., the drugmaker split last year from Abbott Laboratories, made a fourth offer to buy Shire Plc, raising the price to about 30.1 billion pounds ($51.5 billion) in an effort to bring Shire to the negotiating table. Betty Liu reports on “In The Loop.” (Source: Bloomberg)

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