Allergan urges shareholders to reject Valeant Pharmaceuticals takeover offer | iNFOnews | Thompson-Okanagan's News Source

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Allergan urges shareholders to reject Valeant Pharmaceuticals takeover offer

June 23, 2014 - 6:28 AM

MONTREAL - Allergan Inc. urged its shareholders Monday to reject a hostile takeover offer by Valeant Pharmaceuticals International Inc. (TSX:VRX). Valeant, which had tried to negotiate a deal to acquire Allergan, took its offer directly to the company's shareholders last week.

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