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AbbVie and Shire Agree to $54B Union

Chicago-based AbbVie will move headquarters to U.K. in biggest tax inversion deal to date.

After months of courtship, Shire Pharmaceuticals has accepted AbbVie’s fifth takeover offer for $53.7 billion in cash and stock. The deal is the biggest M&A transaction so far this year and the largest tax inversion deal to date. Read More
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