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Home>AbbVie formally scuttles deal to buy Shire

AbbVie formally scuttles deal to buy Shire

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Tue, 21 Oct 2014

By Russ Britt, MarketWatch LOS ANGELES (MarketWatch) -- Washington's efforts to thwart so-called "inversion" deals that avoid U.S. taxes scored a victory of sorts Monday as AbbVie Inc. formally ended its proposed transaction to acquire Irish drug maker Shire PLC. AbbVie (ABBV) officials announced
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