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$ABBV 2Q15 10-Q: On May 26, 2015, ABBV acquired Pharmacyclics through a tender offer for approx. $20.8Bil, including cash consideration of $12.4Bil and equity consideration of $8.4Bil. ABBV entered into and executed a $5Bil ASR agreement with Morgan Stanley on May 26, 2015, pursuant to which ABBV paid $5Bil for initial delivery of 68MM shares.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.