written on 23.06.2014
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Shire touts $10B sales target to fend off AbbVie as other suitors circle

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Shire has maintained that it's better off alone, rejecting three recent merger bids from AbbVie worth as much as $46.5 billion. Now, it's laying out its case. The Irish drugmaker outlined a plan to double sales by 2020–but that may not be enough to keep predators at bay.

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