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Tag: Alere


News

Alere shares drop 8% after Abbott seeks to end its planned acquisition

December 8, 2016

Via: CNBC

Abbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere, citing a “substantial loss” in the value of the diagnostics company since they struck a deal 10 months back. Alere’s shares tumbled 8 percent, […]


Industries, Others

Alere shares fall after it sued Abbott over $5.8 billion deal

August 29, 2016

Via: CNBC

Shares of Alere fell about 3 percent Friday after it sued Abbott Laboratories to compel the healthcare company to get U.S. antitrust approvals required to complete its $5.8 billion deal to acquire Alere. In a statement, Abbott spokeswoman Darcy Ross […]