Security Trade Ideas 06/20/2014

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Share This:6/20/2014 (SHPG) (KMX) (ACHN) Higher; (MACK) (SWHC) (ORCL) Lower; Shire plc (NASDAQ: SHPG) 16.2% HIGHER; Notes the announcement made by AbbVie Inc. (NYSE: ABBV) and confirms that on 30 May 2014, Shire received an unsolicited and highly conditional proposal from AbbVie (the “Proposal”) regarding a possible cash and share offer for Shire. This Proposal has been rejected. The Proposal comprised 20.44 in cash and 0.7988 AbbVie shares per Shire share. The Proposal involved a new US listed holding company with a UK tax domicile. Carmax, Inc. (NYSE: KMX) 14.7% HIGHER; reported Q1 EPS of $0.76, $0.09 better than the

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