This site is intended for healthcare professionals
Latest industry news
  • Home
  • /
  • News
  • /
  • 2017
  • /
  • 10
  • /
  • Abbott completes acquisition of Alere Inc.
Industry news

Abbott completes acquisition of Alere Inc.

Read time: 1 mins
Last updated:6th Oct 2017
Published:6th Oct 2017
Source: Pharmawand
Abbott announced that it has successfully completed its previously announced tender offer to purchase for cash all outstanding shares of Series B Convertible Perpetual Preferred Stock of Alere Inc. at a price of $402.00 per share of Preferred Stock, plus accrued but unpaid dividends to, but not including, the settlement date of the tender offer, net to the seller thereof in cash, without interest thereon and subject to any withholding of taxes required by applicable law . This Offer was made in connection with Abbott's previously announced agreement to acquire Alere, which closed on 3 October 2017 .

Learning Zones

The Learning Zones are an educational resource for healthcare professionals that provide medical information on the epidemiology, pathophysiology and burden of disease, as well as diagnostic techniques and treatment regimens.