Wednesday, 11 July 2007

GE, Abbott end $8 bln deal for diagnostics business

(Reuters) - CHICAGO, July 11 - General Electric Co. and Abbott Laboratories Inc. said on Wednesday they terminated a proposed $8 billion deal for the sale of two Abbott diagnostics units to the conglomerate.



The news sent shares of Abbott down about 3 percent in aftermarket trade.


Read more at Reuters.com Mergers News

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