Valeant, Bill Ackman bid $45B for Botox-maker Allergan

Tuesday, April 22, 2014 - 11:00 in Mathematics & Economics

Montreal-based Valeant Pharmaceuticals and activist investor Bill Ackman have unveiled details of their offer to buy Botox maker Allergan, proposing a cash-and-stock deal that could be worth about $45 billion — if they overcome the California-based specialty drug company's reluctance.

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