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TheFinalCD

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TheFinalCD

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Re: DewDiligence post# 4

Friday, 02/13/2015 2:32:35 AM

Friday, February 13, 2015 2:32:35 AM

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Not only is Valeant Pharmaceuticals (NYSE:VRX) reportedly prepping a bid for Salix Pharmaceuticals (NASDAQ:SLXP), but Shire (NASDAQ:SHPG) is now rumored to be preparing an offer.
Shire has taken initial steps towards a bid and is evaluating how to secure financing, sources told Reuters.
Yesterday, Valeant Pharmaceuticals (VRX) was reported to be arranging financing for a takeout of Salix at a likely price of more than $150 per share. Including net debt, Salix is valued at almost $11B.
Previously: Valeant close to a bid for Salix (Feb. 12 2015)
SLXP +1.2% premarket
http://seekingalpha.com/news/2297376-shire-now-on-the-hunt-for-salix#



http://www.cardomain.com/ride/2370538

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