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Allergan Seeks Deal With Salix To Fend Off Valeant: WSJ

2014-08-19 23:17:47| Biotech - Topix.net

Botox maker Allergan Inc has approached Salix Pharmaceuticals Ltd and at least one other company about a potential takeover in a bid to avert the $53 billion hostile takeover from Valeant Pharmaceuticals International Inc, the Wall Street Journal said.

Tags: deal seeks wsj fend

 

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

 
 

Top Fidelity fund managers frowned on Valeant amid Botox bid

2014-08-06 21:43:22| Biotech - Topix.net

Two of Fidelity Investments' top stockpickers unloaded most of their holdings in Valeant Pharmaceuticals Inc after the drugmaker in April unveiled its bid for Botox maker Allergan Inc in what is one of 2014's most contentious takeovers.

Tags: top bid fund managers

 

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

 

Quebec pharmaceutical company Valeant has Q2 net profit as revenues jump

2014-07-31 18:39:30| Biotech - Topix.net

Valeant Pharmaceuticals International Inc., which is making a hostile takeover bid for Botox maker Allergan, posted a net profit of $126 million and saw its revenues jump.

Tags: net company jump profit

 

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