Bausch Health Companies Inc (BHC)

[mlkrborn]

VRX raise its offer for AFXSP--a canadian life science co--from 0.71 to 0.85 ..Interesting a biggie going after a tinny one? must be a reason..Chipos tho!
Valeant Pharmaceuticals intends to raise offer for Afexa Life Sciences (AFXSF.PK) to $0.85 per share (VRX) 38.19 : Co announced that it intends to raise its takeover offer for Afexa Life Sciences to $0.85 per common share, an increase of 20% from $0.71 originally offered under an agreement announced on August 30, 2011. The increased offer is subject to Afexa's agreement to certain amendments to the support agreement, including a reduction in the minimum tender condition, which Valeant hopes to resolve in the coming days.