Allergan Adopts 'poison Pill' Defense In Valeant Takeover Bid

By Stuart Pfeifer, Los Angeles Times: Business
Wed, 04/23/2014 - 10:57am

Allergan Inc., the Irvine company that makes Botox, has adopted a "poison pill" defense that could make it more difficult for Canadian company Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman to force through a takeover bid.

Topics: allergan inc irvine botox canadian valeant pharmaceuticals international inc bill ackman takeover bid poison pill defense company

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Allergan Adopts 'poison Pill' Defense In Valeant Takeover Bid

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