Can Allergan go higher?

In April 2014, Bill Ackman shocked the world of activist investing yet again with an audacious bid to press botox-manufacturer Allergan to sell itself to Canada’s Valeant Pharmaceuticals International. In this campaign review, I analyst the bullish analyst perspective, and explain that Ackman is really bidding for Valeant.

Screen shot 2014-07-07 at 21.35.49

 

From the May 2014 edition of Activism Monthly Premium, published by Activist Insight.

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