The Traderszone Network

Published in TZ Latest News 29 April, 2016 by The TZ Newswire Staff

Abbott to Buy St. Jude Medical for $25 Billion

Acquisitive pharmaceutical major Abbott Laboratories is adding another new asset to its portfolio. The company has agreed to acquire peer St. Jude Medical in cash and stock deal currently valued at roughly $25 billion.  In its press release heralding the purchase, Abbott said that “St.