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Abbott: Aluvia

Institutional Investors Respond to Aluvia
Announcement by Abbott Labs


NEW YORK, NY///April 16, 2007///Amalgamated Bank LongView Funds, Christian Brothers Investment Services, Catholic Healthcare West, Unitarian Universalist Association of Congregations, and members of the Interfaith Center on Corporate Responsibility, with a total of 984,000 shares in the Company (market value: approximately $58 million) today urged Abbott Labs to address a number of unresolved issues that remain in the wake of the Company’s April 10 announcement to lower the price of Kaletra in a number of countries, including Thailand. Please click here to download the full letter , signed by 17 institutional investors to Abbott Laboratories Chairman and CEO Miles White.

CONTACT:
Chris Smith
Corporate Governance Research Analyst
Amalgamated Bank
202-721-0768

Julie Tanner
Corporate Advocacy Coordinator
Christian Brothers Investment Service
917-723-7702 or 212-503-1947


 

 


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