As AbbVie and Soliton shake hands on a $550M merger, the FTC says 'not so fast'

Submitted by admin on August 11, 2021 - 12:14pm

Source:

Endpoints

News Tags:

AbbVie

Soliton

Resonic

M&A

FTC

Headline:

As AbbVie and Soliton shake hands on a $550M merger, the FTC says 'not so fast'

snippet:

Back in May, AbbVie’s Allergan Aesthetics unit signed away $550 million in cash to scoop up drugmaker Soliton and its body sculpting device Resonic. Now, the FTC is requesting a bit more time to review the proposed merger.

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As AbbVie and Soliton shake hands on a $550M merger, the FTC says 'not so fast'

As AbbVie and Soliton shake hands on a $550M merger, the FTC says 'not so fast'