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St. Jude shareholders back Abbott merger

Oct. 26, 2016 5:01 PM ETSt. Jude Medical, Inc. (STJ) StockBy: Douglas W. House, SA News Editor
  • As expected, St. Jude Medical (NYSE:STJ) shareholders overwhelmingly voted in favor of merging with Abbott (ABT) at its Annual Meeting. About 99% of the votes cast, representing ~74% of St. Jude's outstanding stock, backed the $25B deal. The transaction should close by year end.

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St. Jude Medical, Inc.