FDAnews Device Daily Bulletin

ABBOTT LABS SHARES CLIMB DESPITE RUMORS

Dec. 6, 2005
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Abbott Laboratories shares advanced in high-volume trading recently, even after rumors that the company may acquire Boston Scientific were flatly denied. Abbott's New York Stock Exchange-listed shares closed up 93 cents at $38.56, but jumped as high as $39.14 in early morning trading. Boston Scientific shares, which have traded between $22.80 and $36.70 over the last year, closed up 65 cents at $27.33 on the Big Board.

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