Abbott Laboratories completed its purchase of Advanced Medical Optics by buying the outstanding shares of the company, according to an Abbott news release.
Abbott paid $1.24 billion for the remaining 83.1 percent of AMO’s stock. As a final step of the acquisition, Abbott will form a short-form merger as soon as is practical. The remaining AMO stockholders will receive $22 per share as a result of the merger.
Read the Abbott news release regarding the AMO acquisition.
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