The discussions about a potential merger transaction could lead to "negotiations," Allergan said in a regulatory filing with the Securities and Exchange Commission related to its Dec. 18 meeting with shareholders. Allergan is fighting a $54 billion hostile takeover by Valeant Pharmaceuticals International (VRX.TO) and Pershing Square Capital Management, saying that Allergan's growth will be diminished and that Valeant will cut costs too deeply. Allergan had been holding off on talks with Actavis because it was waiting for a California judge to decide on its request for an injunction to stop William Ackman, head of Pershing Square, from voting at the shareholder meeting, a second source familiar with the situation previously told Reuters.
via Business News http://ift.tt/1tE1U7S
0 commentaires:
Enregistrer un commentaire