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DewDiligence

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DewDiligence

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Re: DewDiligence post# 183938

Monday, 01/26/2015 8:42:46 AM

Monday, January 26, 2015 8:42:46 AM

Post# of 257484
ACT acquires private UK generic-drug firm for £306M ($459M) in cash:

http://finance.yahoo.com/news/actavis-acquire-auden-mckenzie-306m-123000022.html

Actavis plc…and the owners of Auden Mckenzie Holdings Limited…today announced that they have reached a definitive agreement, under which Actavis will acquire Auden Mckenzie for approximately £306 million in cash, plus a two-year royalty on a percentage of gross profits of one of Auden Mckenzie's products.

The $66B AGN deal hasn't even closed yet and ACT is already back in roll-up mode.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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