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Abbott to Split into Two Companies, including Medical Device Division

Oct. 20 (Bloomberg) — The breakup of Abbott Laboratories into two companies will create a prescription-medicine spinoff that may become a $54 billion target for drugmakers looking to rejuvenate their flagging portfolios.

Read entire article: http://www.businessweek.com/news/2011-10-19/abbott-plans-to-split-into-2-companies-to-boost-shares.html

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