Big paydays ahead as Actavis buys Allergan for $219/share
This article was originally published in Scrip
Executive Summary
Actavis will pay $66bn in cash and stock for Allergan, which at $219 per share will generate significant returns for the Botox (onabotulinumtoxinA) maker's shareholders, including a multibillion-dollar payday for Allergan's largest shareholder Pershing Square Capital Management.
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