written on 27.06.2014

With Shire takeover bid, AbbVie looks to succeed where Pfizer failed

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AbbVie may be working with some of the same advisers who worked on Pfizer's so-far-failed play for AstraZeneca. But after three rejections from target Shire–the latest totaling about $46.5 billion–it's not about to make Pfizer's same mistakes.