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Tuesday, July 22, 2014

Allergan To Cut 1,500 Jobs

 http://www.businessinsider.com/allergan-q2-results-2014-7

Allergan is currently fending off a takeover bid from Valeant and activist investor Bill Ackman, which this morning announced that it contracted the SEC and regulatory authorities in Canada regarding, "Allergan's apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business despite Valeant's public statements correcting such information."

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