Shire Plans Investor Call Tomorrow to Boost Defense: Telegraph

+------------------------------------------------------------------------------+

Shire Plans Investor Call Tomorrow to Boost Defense: Telegraph 2014-06-22 08:27:04.161 GMT

By Matthew Boyle June 22 (Bloomberg) -- Shire will detail reasons for rejecting AbbVie’s offers and emphasize its stand-alone value, Sunday Telegraph says, without citing anyone. * A deal could be done at ~GBP50/shr, Telegraph says, citing unidentified London financial industry sources * Shire and AbbVie declined to comment to Telegraph * NOTE: Yday, AbbVie Said to Weigh Higher Offer as Shire Rejects $46.5 Billion NSN N7H05X6VDKHT<GO>

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

To contact the reporter on this story: Matthew Boyle in London at +44-20-3525-8675 or mboyle20@bloomberg.net To contact the editor responsible for this story: Celeste Perri at +31-20-589-8505 or cperri@bloomberg.net