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$5.3B Abbott merger deal secures Alere shareholder approval

An amended merger agreement between Abbott Laboratories and Alere, valued at approximately $5.3 billion, has been approved by Alere's shareholders, receiving about 63 million votes of approval, representing over 72.5% of outstanding Alere shares. The deal will make Alere a subsidiary of Abbott and will give Alere shareholders $51 per share.

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