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Abbott receives EU clearance for Advanced Medical Optics acquisition

This article was originally published in Scrip

Executive Summary

Abbott has received clearance from the European Commission for its $1.36 billion acquisition of Advanced Medical Optics (AMO) through a cash tender offer for the company's outstanding common stock. Abbott commenced the $22 per share cash tender offer on January 27th and the bid is scheduled to expire at midnight Eastern time on February 24th.

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