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Top hedge funds flocked to Allergan amid bid backed by Ackman

2014-08-15 04:48:20| Biotech - Topix.net

Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc made public their pursuit of the Botox maker in late April.

Tags: top funds bid backed

 

Exclusive - ValueAct CEO says Valeant does not need to buy Allergan

2014-08-11 23:25:29| IT Services - Topix.net

ValueAct likes a potential combination between Valeant and its takeover target Allergan, but said a drawn-out bidding war for the Botox maker might be too distracting.

Tags: to buy exclusive ceo

 
 

Allergan sues Valeant, claims fraud in buy attempt

2014-08-01 20:23:14| Biotech - Topix.net

Botox maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public.

Tags: buy claims attempt fraud

 

Valeant contacts regulators about what it says are misleading claims by Allergan

2014-07-21 18:45:28| Biotech - Topix.net

The head office and sign of Valeant Pharmaceutical are pictured in Montreal on May 27, 2013.

Tags: by contacts claims misleading

 

Allergan 2Q profit climbs 16 percent

2014-07-21 16:40:39| Biotech - Topix.net

The Irvine, California-based company said earnings increased to $417.2 million, or $1.37 per share, from $359.9 million, or $1.19 per share, in the same quarter a year ago.

Tags: percent profit climbs allergan

 

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