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Abbott
Abbott Receives European Commission Clearance on Acquisition of Advanced Medical Optics
March 13th, 2009
Abbott (NYSE:ABT) announced that it has received merger control clearance from the European Commission for its acquisition of Advanced Medical Optics (AMO) through a cash tender offer for the outstanding shares of common stock of AMO. The European Commission approved the transaction without conditions. This satisfies the condition to the tender offer related to European Commission regulatory approval and is the last regulatory approval that is a condition to the tender offer. As previously announced, the tender offer is scheduled to expire at midnight Eastern time on Tuesday, Feb. 24, 2009, unless the tender offer is extended. Consummation of the tender offer remains...
Source: Health Business Week (2009-03-13)
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