divendres, 7 de novembre del 2014

Salix inventory snafu sinks deal with Allergan




Allergan backed out of a deal to merger with Salix Pharmaceuticals, which would have likely stymied Valeant's hostile takeover, after it found out that Salix has enough inventory to last months, not weeks.





Salix inventory issues sink deal with Allergan

Pershing Square Capital Management, Salix Pharmaceuticals, Valeant Pharmaceuticals, Allergan Inc.

News Well, Mergers & Acquisitions, Pharmaceuticals, Wall Street Beat

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