The offer was made in connection with Abbott’s acquisition of Alere, which closed yesterday.
A total of 1.7 million shares of preferred stock were tendered in the offer, representing 98.5% of the outstanding shares of preferred stock, Abbott said in a press release.
All conditions in the offering have been satisfied, and Abbott said that payment of the offer price for shares of preferred stock will be “promptly made by the depositary.”
The offer was originally slated to expire at midnight on August 11, and was previously extended to August 31.
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