Abbott (ABT) Lower as Merger Partner St. Jude (STJ) Hit with Short Report

August 25, 2016 10:58 AM EDT

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Abbott (NYSE: ABT), which is in a deal to acquire St. Jude Medical, Inc (NYSE: STJ), is weaker as Muddy Waters went short the stock.

ABT is down 0.7%, while STJ is down 2.6%.

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