Posts in tag
AbbVie
Automakers, Technology Firms Are Largest Components of Fed’s Corporate-Bond Purchases
Apple Inc., Verizon Corp. and the U.S. divisions of several foreign auto makers are among the largest direct beneficiaries of Federal Reserve efforts to support the corporate-debt market, according to disclosures Sunday. In all, the Fed on Sunday identified 794 companies whose bonds it will be buying directly to support the market for investment-grade corporate …
AbbVie Strikes Deal to Buy Allergan for About $63 Billion
Botox maker Allergan has a market capitalization of $42.47 billion, based on Monday’s close, according to FactSet. Photo: Richard Drew/Associated Press Updated June 25, 2019 7:04 am ET AbbVie Inc. ABBV -0.42% has reached a deal to buy Allergan AGN -0.95% PLC for about $63 billion, as two big drugmakers bet a combination will deliver …
