Valeant Pharmaceuticals (MRX -0.5%) has approached Medicis (MRX +4.8%) about a possible...

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

Valeant Pharmaceuticals (MRX -0.5%) has approached Medicis (MRX +4.8%) about a possible takeover, WSJ reports. The approach comes amid an investigation into the unusual death of the Medicis CEO's girlfriend. An acquisition of Medicis would fit with Valeant's stated goal of becoming the world's biggest player in the skincare sector.