Alere (ALR) Files Complaint Against Abbott (ABT) Regarding Merger
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Alere Inc. (NYSE: ALR) today issued the following statement in response to inquiries from its shareholders:
On August 25, 2016, Alere filed a complaint against Abbott in Delaware Chancery Court, which seeks to compel Abbott to fulfill its obligations under the terms of the merger agreement to take all actions necessary to promptly obtain all required anti-trust approvals. We expect the redacted version of the complaint to be publicly available next week.
Alere will take all actions necessary to protect the interests of Alere shareholders, enforce Alere's rights under the merger agreement and compel Abbott to complete the transaction in accordance with its terms.
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