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Allergan shareholders can take Valeant's offer

  • Valeant Pharmaceuticals (VRX) begins an exchange offer whereby Allergan (AGN +0.8%) shareholders can trade each of their shares for $72 in cash plus 0.83 shares of VRX stock or an amount of cash or a number of VRX shares, subject to proration. The all-stock and all-cash alternatives will have the same value as the cash-and-stock offer. Their specific values will be determined prior to the August 15 expiration date (unless extended).
Comments (1)
  • Malayan
    , contributor
    Comment (1) | Send Message
     
    Valient is a house of cards that sounds likel a Ponzi scheme Nick Mjolsness
    20 Jun, 03:46 AM Reply Like
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