Abbott Board Approves AbbVie Spin

Abbott’s(ABT) spinoff of AbbVie(ABBV) passed its final hurdle yesterday as the Board approved the plan.  Shareholders of Abbott at the close of business on December 12 will receive, on January 1, one share of AbbVie for each share of Abbott that they own.  The shares are expected to begin trading on the ew York Stock Exchange on January… Read More »