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MarketFoolery

5 Summer Vacation Stocks

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 25 June 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

AbbVie buys Allergan for $63 billion in cash and stock. Jason Moser analyzes the pros and cons of the deal. Warren Buffett denies any tension between Berkshire-Hathaway and 3G Capital but, would anyone blame him if there was tension? Plus, Jason shares highlights from his trip to Costa Rica and five stock ideas the trip inspired.

Transcript

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0:00.0

It's Tuesday, June 25th.

0:04.0

Welcome to Market Fullry.

0:05.1

I'm Chris Hill joining me in studio.

0:07.3

Back in the United States of America, it's Jason Moser, looking tanned, rested and ready. I feel like in my defense I probably am

0:16.1

always looking tanned to some level. Like I was adopted so I don't know necessarily

0:20.6

the bloodline there but we've all determined that there must be some

0:23.1

Mediterranean and me yeah maybe but as someone who sees you pretty much every

0:27.8

day you're looking more too maybe a little bit more tan there was a lot of

0:31.0

sun there you're a little bit closer to the equator in

0:33.2

Costa Rica. Yeah we'll get to that and we'll get to some drama or maybe not

0:40.1

drama between Warren Buffett and 3G capital. We'll unpack that as well. Once again,

0:46.3

we're going to start with a big deal this time in the health care space, and I'm saying

0:52.4

health care just the huge umbrella of health care

0:55.1

Abbvie buying Alergan the maker of Botox this is a 63 billion dollar deal cash and stock.

1:05.0

Allegan, if you're a shareholder, well you're having a heck of a good day because the buyout price is 45% higher than yesterday's close. I am curious though at the fact that Allegan is now only

1:20.1

Trading up about 25, 28 percent higher.

1:23.8

We'll get to whether or not this deal goes through,

1:25.8

but this is yet another big deal.

1:28.1

Yeah, yeah, I mean, the, whether it goes through

1:30.6

is going to be interesting just from the perspective that it wasn't all that long ago that there was an offer made, I believe for Alargin for quite a bit more than today's offer.

1:41.0

But then also the recent calls have been for the company actually to split up and spin

1:45.9

off some of its assets to realize more value that way.

...

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