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Exclusive: Paulson & Co amasses large stake in Allergan: sources

2014-06-26 10:33:14| Biotech - Topix.net

Hedge fund Paulson & Co has amassed a large stake in Allergan Inc of more than 6 million shares and supports a deal between the Botox maker and Valeant Pharmaceuticals Inc , people familiar with the matter said on Wednesday.

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Allergan tells shareholders to reject Valeant deal

2014-06-23 16:54:08| Biotech - Topix.net

Allergan, the maker of Botox, said Monday that Valeant Pharmaceuticals' hostile takeover bid for the company is "grossly inadequate" and that shareholders should reject it.

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Valeant planning hostile bid for Allergan

2014-06-17 20:02:08| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. Chairman and CEO J. Michael Pearson said in a conference call Tuesday that proxies seeking support for its bid may be mailed in "the near-term."

Tags: planning bid hostile allergan

 

Morgan Stanley called Valeant 'house of cards' in Allergan pitch

2014-06-16 18:06:52| Biotech - Topix.net

Morgan Stanley, an adviser to Valeant Pharmaceuticals International Inc in its $53 billion hostile bid for Allergan Inc, initially tried to get hired by Allergan and in its pitch called the unsolicited bidder a "house of cards", according to Allergan.

Tags: house called cards morgan

 

Valeant senior official leaves amid Allergan takeover battle

2014-06-15 00:15:49| Biotech - Topix.net

An executive vice-president of Valeant Pharmaceuticals International Inc will leave the company, even as the Canadian drugmaker fends off criticism about management turnover from its takeover target Allergan Inc. Executive vice-president and company group chairman Ryan Weldon will leave, Valeant confirmed late on Friday after inquiries by Reuters.

Tags: official senior battle leaves

 

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