Botox Maker Allergan Purchased by Actavis – Avoids Hostile Takeover

When big business deals are going down the economy is in good shape.  Carry on bulls!

On Monday, November 17, 2014 Alelrgan agreed to be acquired for $66 billion by Actavis.  Allergan had resisted any sort of buy out for much of the year, but viewed the purchase by Actavis as the lesser of two evils.

If the deal goes through as planned, It would be the third-largest health care deal ever in the United States!

Read an in-depth article on the Allergan buyout here: http://dealbook.nytimes.com/2014/11/17/allergan-agrees-to-be-sold-to-actavis/