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Friday, September 26, 2014

AbbVie Said to Weigh More Shire Financing on Inversion Rules

AbbVie Inc. is examining plans to raise additional financing to complete its takeover of Shire Plc, after U.S. officials imposed new obstacles to so-called tax inversion deals, people with knowledge of the matter said. AbbVie may seek to borrow as much as $7 billion more than it originally anticipated because of new restrictions on using cash held offshore, two of the people said, asking not to be identified discussing a private matter.

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