NEW YORK (360Dx) – Alere this week informed the New York Stock Exchange in writing of its intention to voluntarily delist its Series B convertible perpetual preferred stock from the exchange. The delisting is dependent on the successful completion of Abbott’s $5.3 billion acquisition of Alere.
Alere also declared a cash dividend of $3 per share on its Series B convertible perpetual preferred stock, payable on Oct. 16 to shareholders of record at the close of business on Oct. 2.