5:25 PM
Jun 10, 2014
 |  BC Extra  |  Company News

Allergan rejects revised Valeant bid

Allergan Inc. (NYSE:AGN) said its board unanimously rejected a revised unsolicited offer to be acquired by Valeant Pharmaceuticals International Inc. (TSX:VRX; NYSE:VRX) in a cash and stock deal that values Allergan at up to $62.2 billion. Allergan said the proposal "substantially undervalues" the...

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