<i>Holford outlined two potential transactions. The first would be a buyout of AbbVie, an acquisition he projects as a $69 per share, $105 billion acquisition (based on a 25% premium to Jefferies' $55 per share, $84 billion valuation of the entity when it is spun out of Abbott).</i>
This right here makes this 'analyst' suspect. The valuation for AbbVie isn't going to be anywhere near $84B. Abbott's Market cap is $105, and the stock is currently near $70, figuring half of that will be what AbbVie's worth should be, give or take.
No-one would buy us at $105B. It's an idiotic statement.