NEW YORK (TheStreet) -- Nothing gets investors riled up like mergers and acquisitions. A great deal can present a company that has tons of cash with instant access to growth, allowing it to conquer new markets that would have otherwise take years to achieve.
Although AbbVie's (ABBV - Get Report) $51.5 billion offer (upped from $46.5 billion) for drug maker Shire (SHPG - Get Report) has been rebuffed on multiple occasions, investors should not get discouraged.
AbbVie, which saw an almost 9% jump in its stock price when the rumors of the deal first emerged two weeks ago, has given back almost all of those gains. With Thursday's close of $55.79, shares are still up almost 6% year to date.
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