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Quebec's Valeant to sweeten bid, answer attacks as battle for Allergan heats up

2014-05-20 19:41:52| Biotech - Topix.net

Valeant plans to hold a "referendum" this summer to convince the U.S. company's board and management of Allergan shareholders' desire for a merger between the two pharmaceutical companies.

Tags: up answer bid battle

 

Activist Ackman says Allergan CEO has conflict over letting go

2014-05-19 16:44:30| Biotech - Topix.net

Activist investor William Ackman said on Monday in a letter to takeover target Allergan Inc's board of directors that the top executive has a "disabling" conflict of interest because accepting a takeover means losing the top job.

Tags: ceo conflict letting activist

 
 

Valeant says it will sweeten Allergan offer

2014-05-13 17:38:11| Biotech - Topix.net

A day after Allergan formally turned down the unsolicited offer, Valeant said it will improve that proposal to show its commitment to getting a deal done.

Tags: offer sweeten allergan valeant

 

Allergan Board Turns Down Valeant Takeover Offer

2014-05-12 14:36:03| Biotech - Topix.net

Botox maker Allergan is rejecting a takeover bid from Valeant Pharmaceuticals, saying that the unsolicited $46 billion offer undervalues the company and carries significant risk.

Tags: board offer turns takeover

 

Allergan Can Buy Perrigo To Avoid Valeant

2014-05-11 16:12:33| Food - Topix.net

Allergan has been rebuffed by Sanofi, J&J and Shire so far while trying to avoid Valeant's hostile takeover.

Tags: buy avoid allergan valeant

 

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