EU clears Abbott acquisition of Alere subject to divestments

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Alere (ALR) Announces EC Granted Clearance for Abbott's (ABT) Acquisition of Alere

January 25, 2017 11:02 AM EST

Alere Inc. (NYSE: ALR), a global leader in rapid diagnostics, announced that the European Commission has granted clearance for Abbott Laboratories (NYSE: ABT) to acquire Alere Inc.

"This regulatory clearance marks a significant milestone toward the... More