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NO HOMECOMING FOR HUMIRA?

Shire rebuffs $46B Abbvie bid, saying the offer 'undervalues' company's worth

By Cormac Sheridan
Staff Writer

Friday, June 20, 2014

Shares in Dublin-based Shire plc rose 12 percent Friday morning as the company went public on its rejection of a £27 billion (US$46 billion) cash-and-shares takeover bid from Abbvie Inc.

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