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AGN - Should You Buy Allergan Before the AbbVie Acquisition Closes?
Allergan plc
Allergan's (NYSE: AGN) days as a standalone company are numbered. We don't know exactly when AbbVie's (NYSE: ABBV) pending acquisition of Allergan will close, but it should happen sometime in the first quarter of 2020.
This deal certainly lit a fire beneath Allergan stock, with the drugmaker's shares soaring 45% since the transaction was first announced. But is Allergan still a stock to buy with the AbbVie acquisition likely to close so soon?