AbbVie Presses Case For Shire Deal In Discreet Roadshow

AbbVie (ABBV.N) Chief Executive Richard Gonzalez has pressed the case for his $46 billion pursuit of drugmaker Shire (SHP.L) in discreet meetings with shareholders in London this week and is now weighing his next move, according to people familiar with the matter.

Shire shareholders who met with Gonzalez said he had reiterated the case for a deal, arguing that AbbVie would create more value from Shire’s assets than the hyperactivity and rare diseases specialist could do on its own.

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