Abbott Laboratories Acquisition Of Guidant Corporation’s Vascular Business Clears U.S. Antitrust Review

ABBOTT PARK, Ill., April 20 /PRNewswire-FirstCall/ -- Abbott today announced that it has received antitrust clearance from the U.S. Federal Trade Commission relating to its proposed acquisition of Guidant’s vascular business. The company received European Commission clearance for the transaction on Tuesday, April 11. Abbott anticipates closing the transaction on Friday, April 21.

About Abbott

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs 60,000 people and markets its products in more than 130 countries.

Abbott’s news releases and other information are available on the company’s Web site at http://www.abbott.com .

Abbott

CONTACT: Media, Melissa Brotz, +1-847-935-3456, or Jonathon Hamilton,+1-847-935-8646, or Financial Community, John Thomas, +1-847-938-2655, orTina Ventura, +1-847-935-9390, all of Abbott

MORE ON THIS TOPIC