-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C0/ee4YvVM6fVef2wr/V1NhoowDUrBX44t/5NGJ8xzPOCSTFof5wW3pG2coT3GXe KooBhlDE4yo/RPLXohT49g== 0001104659-06-002931.txt : 20060120 0001104659-06-002931.hdr.sgml : 20060120 20060119180344 ACCESSION NUMBER: 0001104659-06-002931 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060117 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060120 DATE AS OF CHANGE: 20060119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ABBOTT LABORATORIES CENTRAL INDEX KEY: 0000001800 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 360698440 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02189 FILM NUMBER: 06539105 BUSINESS ADDRESS: STREET 1: 100 ABBOTT PARK ROAD STREET 2: D-322 AP6D CITY: ABBOTT PARK STATE: IL ZIP: 60064-3500 BUSINESS PHONE: 8479376100 8-K 1 a06-2708_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 


 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

January 17, 2006

Date of Report (Date of earliest event reported)

 

ABBOTT LABORATORIES

(Exact name of registrant as specified in its charter)

 

Illinois

 

1-2189

 

36-0698440

(State or other Jurisdiction

 

(Commission File Number)

 

(IRS Employer

of Incorporation)

 

 

 

Identification No.)

 

100 Abbott Park Road
Abbott Park, Illinois 60064-6400

(Address of principal executive offices)(Zip Code)

 

Registrant’s telephone number, including area code:  (847) 937-6100

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 1.01               Entry into a Material Definitive Agreement

 

On January 17, 2006, Abbott announced the amendment of its agreement with Boston Scientific to acquire Guidant’s vascular business.  The agreement is subject to approval by regulatory authorities and is contingent upon the closing of Boston Scientific’s proposed acquisition of Guidant.  A copy of the press release announcing the amendment to the agreement is attached as Exhibit 99.1.

 

Item 9.01               Financial Statements and Exhibits
 

Exhibit No.

 

Exhibit

 

 

 

99.1

 

Press Release, dated January 17, 2006

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

ABBOTT LABORATORIES

 

 

 

 

Date: January 19, 2006

By:

/s/ Thomas C. Freyman

 

 

Thomas C. Freyman

 

 

Executive Vice President,
Finance and Chief Financial
Officer

 

3



 

Exhibit Index

 

Exhibit No.

 

Exhibit

 

 

 

99.1

 

Press Release, dated January 17, 2006

 

4


EX-99.1 2 a06-2708_1ex99d1.htm EXHIBIT 99

 

Exhibit 99.1

 

For Immediate Release

 

Contact:

Media

Melissa Brotz

(847) 935-3456

-or-

Jonathon Hamilton

(847) 935-8646

 

Financial Community

John Thomas

(847) 938-2655

-or-

Tina Ventura

(847) 935-9390

 

ABBOTT ANNOUNCES AMENDMENT TO AGREEMENT WITH BOSTON SCIENTIFIC TO ACQUIRE GUIDANT’S VASCULAR BUSINESS

 

ABBOTT PARK, Ill., Jan. 17, 2006 –  Abbott today announced the amendment of its agreement with Boston Scientific to acquire Guidant’s vascular business, which is contingent upon the closing of Boston Scientific’s proposed acquisition of Guidant.

 

Under the terms of the amended agreement, Abbott would pay Boston Scientific $4.1 billion to acquire Guidant’s entire vascular business on or around the closing of Boston Scientific’s acquisition of Guidant.  Abbott would pay Boston Scientific milestone payments of $250 million at U.S. Food and Drug Administration approval of Guidant’s drug-eluting stent, and an additional payment of $250 million upon a similar approval in Japan.  Abbott would also provide Boston Scientific with a five-year, $900 million interest-bearing loan.

 

Abbott has also agreed to purchase $1.4 billion of Boston Scientific common stock (approximately 56 million shares), contingent upon the closing of the Guidant acquisition. This would represent approximately 4 percent of the combined company.

 

Abbott anticipates the acquisition of Guidant’s vascular business would be slightly dilutive to ongoing earnings per share in 2006 and accretive thereafter.  Abbott would expect to incur one-time charges following the closing of the acquisition primarily related to in-process research and development, to be specified at a future date.

 

About Abbott

 

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics.  The company employs 60,000 people and markets its products in more than 130 countries.

 

Abbott’s news releases and other information are available on the company’s Web site at www.abbott.com.

 

Private Securities Litigation Reform Act of 1995 —

 

A Caution Concerning Forward-Looking Statements

 

Some statements in this news release may be forward-looking statements for the purposes of the Private Securities Litigation Reform Act of 1995. We caution that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated. Economic, competitive, governmental, technological and other factors that may affect Abbott’s operations are discussed in Exhibit 99.1 of our Securities and Exchange Commission Form 10-Q for the period ended March 31, 2005, and are incorporated by reference. We undertake no obligation to release publicly any revisions to forward-looking statements as the result of subsequent events or developments.

 


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