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I think this article is correct- Actavis can't really afford Allergan- Actavis has many synergies with Salix and that deal is what they really want. Because of the outcry of nonsupport of an all-cash deal between Allergan and Salix- I think a deal between us and Salix is pretty much off the table. Valeant only gets us if they succeed in replacing our Board of Directors.http://www.fool.com/investing/general/2014/10/09/actavis-plc-and-valeant-pharmaceuticals-inc-battle.aspx
I think this article is correct- Actavis can't really afford Allergan- Actavis has many synergies with Salix and that deal is what they really want. Because of the outcry of nonsupport of an all-cash deal between Allergan and Salix- I think a deal between us and Salix is pretty much off the table. Valeant only gets us if they succeed in replacing our Board of Directors.
http://www.fool.com/investing/general/2014/10/09/actavis-plc-and-valeant-pharmaceuticals-inc-battle.aspx