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ABT > SEC Filings for ABT > Form 8-K on 4-Sep-2008All Recent SEC Filings

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Form 8-K for ABBOTT LABORATORIES


4-Sep-2008

Other Events


Item 8.01 - Other Events.

Abbott Laboratories and Zimmer, Inc. have entered into a definitive agreement for Zimmer to acquire Abbott's spine business for approximately $360 million in cash.

Abbott expects the sale of its spine business to result in a one-time pretax gain of at least $150 million and intends to treat this gain as a specified item in the period in which the transaction closes.

The transaction is subject to customary closing conditions, including regulatory approvals and completion of the consultation process with employee representatives in France, and is expected to be completed in the fourth quarter of 2008.

Private Securities Litigation Reform Act of 1995 - A Caution Concerning Forward-Looking Statements

Some statements in this Form 8-K may be forward-looking statements for the purposes of the Private Securities Litigation Reform Act of 1995. Abbott cautions 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 Item 1A, "Risk Factors," to Abbott's Annual Report on Securities and Exchange Commission Form 10-K for the year ended December 31, 2007, and in Item 1A, "Risk Factors," to Abbott's Quarterly Report on Securities and Exchange Commission Form 10-Q for the quarter ended June 30, 2008, and are incorporated by reference. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments.

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