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Shire rejects AbbVie takeover bid

UK-listed drug maker Shire has rejected a $46.3 billion takeover bid from US rival AbbVie. It said the proposal “fundamentally undervalued the company and its prospects”. http://online.wsj.com/articles/drug-maker-abbvie-proposed-merger-with-shire-was-rejected-1403239977?mod=WSJ_hp_LEFTWhatsNewsCollection

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