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AGN - Why AbbVie Wants Allergan; How That Changes It As A Stock
Allergan plc
Introduction - a story that could once be told simply
In this article, I will discuss some of the major points in my understanding of the AbbVie (ABBV) story, beginning in early 2017. There is much more to the ABBV story than time permits reviewing, and because the Allergan (AGN) deal is uppermost in the minds of investors, I will omit a discussion of Q2 results.
When I first bought ABBV to hold it, the stock had been basing around $61. This was in January-February of 2017, and interest rates had