Seeking Alpha

Allergan rejects Valeant's offer

  • As expected, Allergan's (AGN) BOD unanimously rejects Valeant Pharmaceuticals' (VRX) latest offer of $72 in cash plus 0.83 shares of VRX for each share of AGN. It says that the offer is grossly inadequate, substantially undervalues the company, creates significant risks and uncertainties for AGN shareholders and is not in the best interests of the firm and its shareholders. It strongly recommends that Allergan stockholders not tender any shares to Valeant.
  • Schedule 14D-9
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector