AbbVie Officially Scraps Shire Tax Inversion Deal

AbbVie Officially Scraps Shire Tax Inversion Deal

Assessment

Interactive Video

Business

University

Hard

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The transcript covers three main news stories: a billionaire's investment in IBM has significantly decreased in value due to the company's struggles with cloud computing. Abby has canceled its planned inversion with Shire, opting instead for a share buyback and increased dividend. Lastly, Total's CEO Christophe de Margerie tragically died in a jet crash in Moscow, with the snow plow driver involved being intoxicated.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant financial actions did the drugmaker announce following the scrapping of the deal with Shire?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What incident led to the death of Total's CEO Christophe de Margerie?

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