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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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July 23, 2014
10:02 EDTACTOn The Fly: Analyst Initiation Summary
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08:10 EDTACTDeutsche Bank hosts an analyst Specialty Pharma/Industry conference call
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July 22, 2014
16:09 EDTACTActavis initiated with a Buy at Deutsche Bank
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July 21, 2014
16:36 EDTACTActavis and Medicines360 announce FDA acceptance of Levosert NDA
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July 17, 2014
15:42 EDTACTDepomed says Actavis preliminarily enjoined from marketing generic Gralise
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