HALISTER: Abbott Said to Agree to Buy Alere For $51/Shr; Ends Lawsuit: FT

Abbott Said to Agree to Buy Alere For $51/Shr; Ends Lawsuit: FT

(Bloomberg) -- Abbott ends legal battle by agreeing to buy Alere at $51/share rather than $56/share, FT reports, citing unidentified people close to the matter.
  • Expected to be announced imminently; values Alere’s equity at $4.4b

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
ALR US (Alere Inc)
ABT US (Abbott Laboratories)

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