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Pfizer and Allergan Merge in $160B Tax Inversion Deal

Pfizer and Allergan Merge in $160B Tax Inversion Deal

Source: USA Today U.S. pharmaceutical giant Pfizer(PFE) and Irish rival Allergan(AGN) Monday announced a record-breaking $160-billion merger, the largest in health-care industry history and the biggest yet using a controversial tax-saving strategy. In a transaction...
Valeant, Ackman Must Face U.S. Insider Trading Lawsuit

Valeant, Ackman Must Face U.S. Insider Trading Lawsuit

Source: A U.S. judge said Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Botox....