Final Stretch For Abbott Spin As Effective Date Nears, AbbVie Begins When Issued Trading

On Friday, Abbott(ABT) announced the effectiveness of the registration statement for its AbbVie(ABBV) spin.  As we discussed previously, Abbott shareholders will get one AbbVie share for each Abbott share that they own. The new shares are to be distributed on January 1. Shares in the new company  began trading on a when issued basis today, as did Abbott… Read More »