Abbott tops rival offer for Facet Biotech

This is a discussion on Abbott tops rival offer for Facet Biotech within the Windy City News forums, part of the Windy City Forums category; March 9th, 2010 05:51 PM - (Reuters) — Facet Biotech Corp. has agreed to be acquired by Abbott Laboratories for ...

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Abbott tops rival offer for Facet Biotech

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March 9th, 2010

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Abbott tops rival offer for Facet Biotech

March 9th, 2010 05:51 PM - (Reuters) — Facet Biotech Corp. has agreed to be acquired by Abbott Laboratories for $27 a share, topping a hostile offer of $17.50 a share made last year by Biogen Idec Inc.

Shares of Facet rose 67 percent after the announcement.

Abbott and Facet said on Tuesday that the cash deal will ...

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Abbott tops rival offer for Facet Biotech

Abbott tops rival offer for Facet Biotech

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