Shire Prepared to Recommend AbbVie’s £31 Billion Offer
Shire have confirmed that they are willing to recommend the takeover bid offer by AbbVie, after the company increased their offer to £53.20 a share. The updated offer submitted on Sunday follows four previous unsuccessful bids by AbbVie to acquire Shire. Shire confirmed that the new bid would comprise of £24.44 in cash and 0.8960