UPDATE 1-Market Chatter-Corporate finance press digest

Mon Jul 14, 2014 2:05am EDT
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July 14 (Reuters) - The following corporate finance-related stories were reported by media:

* Swiss chocolate maker Chocoladefabriken Lindt & Spruengli is in advanced discussions to acquire family-owned U.S. candy business Russell Stover, according to a source familiar with the matter.

* Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie Inc that would value the company at about 31 billion pounds ($53 billion), according to people familiar with the matter.

* U.S. generic drugmaker Mylan Inc is in advanced talks to acquire a multibillion-dollar portfolio of established products from Abbott Laboratories, people familiar with the matter said.