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Stock Market & Financial Investment News

News Breaks
February 19, 2014
05:38 EDTACT, FRXActavis expected to seek more deals, WSJ reports
Actavis's (ACT) move to pay $25B for Forest Labs (FRX) shows the company continues to have a strong desire for takeovers, reports the Wall Street Journal. A key consideration, sources say, was its desire to absorb more players in the fragmented generic- and specialty-pharmaceuticals industries. Actavis is paying for Forest with cash and stock in part to keep its leverage ratios low enough so that the newly merged company has the firepower to make additional acquisitions as soon as the deal closes in the next three-to-four months, sources added. Reference Link
News For ACT;FRX From The Last 14 Days
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October 30, 2014
09:39 EDTACTPerrigo in exclusive talks to buy Omega Pharma, Bloomberg says
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09:18 EDTACTPerrigo in exclusive talks to buy Omega Pharma, Bloomberg says
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October 27, 2014
15:18 EDTACTEarnings Preview: Pfizer looks to new products to offset generic competition
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10:36 EDTACTAllergan delivers earnings beat, says willing to consider higher Valeant bid
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October 23, 2014
18:18 EDTACTGlenview Capital acquires stake in Actavis, Bloomberg reports
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08:10 EDTACTActavis confirms appeals court upholds Lo Loestrin Fe patent
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October 22, 2014
08:38 EDTACTActavis signs option to acquire Rhythm Health
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October 21, 2014
06:44 EDTACTActavis among bidders for Omega Pharma, Bloomberg reports
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October 20, 2014
18:51 EDTACTOn The Fly: After Hours Movers
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06:28 EDTACTAllergan price target raised to $210 from $190 at Citigroup
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October 17, 2014
09:47 EDTACTValeant will not raise Allergan bid ahead of record date, CNBC reports
Valeant (VRX) will not raise its hostile takeover bid for Allergan (AGN) ahead of the record date for the vote, CNBC's David Faber reports. Allergan (AGN) is not currently in takeover talks with Actavis (ACT), Faber added.
09:45 EDTACTAllergan not in deal talks with Actavis, CNBC reports

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