AbbVie To Buy Leukemia Drugmaker Pharmacyclics For $21BAbbVie -- based in North Chicago -- said late Wednesday that it will pay $261.25 a share for Pharmacyclics, which makes Imbruvica, a drug approved to treat three different types of blood cancers. That represents a premium of about 21 percent to the closing price of Pharmacyclics shares on Tuesday.
Pfizer Buying Lake Forest-Based Hospira For $15 BillionPfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its global established pharmaceutical business. Hospira Inc., based in Lake Forest, Illinois, is a provider of injectable drugs and infusion technologies.
'Takeover' Bandit Robs Wicker Park BankThe suspect, who displayed a black pistol, robbed the North Community Bank branch at 1555 N. Damen Ave. about 10 a.m. Friday.
LA Fitness Takes Over All Chicago Area Bally's GymsIf you were a member of any of the 23 Chicago area Bally Total Fitness clubs, your membership has been transferred over to LA Fitness as the gyms change hands.
Feds Take Over Company With Ties To Daley's SonThe federal government has taken over a company with ties to the son of retired Mayor Richard M. Daley.