The Botox maker is allowing shareholders to buy Allergan stock at a steep discount if any single investor acquires more than 10% of its shares.Takeover target Allergan Inc., the company that makes Botox, has adopted a "poison pill" defense intended to delay a buyout by Canadian company Valeant Pharmaceuticals International Inc.

BING NEWS:
  • Bedbugs At The Hedge Fund Hotel: Allergan, Amazon, Apple, Citigroup, Valeant And Teva
    Opinions expressed by Forbes Contributors are their own. These bedbugs are just another example of why investors should not check in to the hedge fund hotel -- that is go along with trades that ...
    03/11/2016 - 1:39 am | View Link
  • Valeant Plans to Improve Allergan Offer, Rally Shareholders
    Valeant Pharmaceuticals said on Tuesday morning it plans to improve its takeover offer for Allergan AGN at the company's May 28 investor day. Valeant Pharmaceuticals said on Tuesday morning it ...
    05/13/2014 - 1:56 am | View Link
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