Valeant Pharmaceuticals (VRX) withdraws its buyout offer of $7.50 per share for ITSA...

|About: Valeant Pharmaceuticals I... (VRX)|By:, SA News Editor

Valeant Pharmaceuticals (VRX) withdraws its buyout offer of $7.50 per share for ITSA Pharmaceuticals (ISTA) due to what it calls a "lack of progress" with ISTA's management team. Shares of ISTA -8.4% premarket.