Canaccord says a takeout of Warner Chilcott (WCRX +17.6%) is unlikely, following reports that...

|About: Warner Chilcott Limited (WCRX)|By:, SA News Editor

Canaccord says a takeout of Warner Chilcott (WCRX +17.6%) is unlikely, following reports that the company is exploring strategic alternatives and speculation Bayer (BAYRY.PK -0.9%) is interested in acquiring the company. The firm sees the company as a value play with a number of alternatives.