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Mergers & Acquisitions

May 14, 2014

Allergan board rejects $45.6B buyout offer with counsel from Latham

Irvine-based cosmetic drug maker Allergan Inc. on Monday formally rebuffed an unsolicited $45.6 billion buyout offer from competitor Valeant Pharmaceuticals International Inc.


By Dominic Fracassa


Daily Journal Staff Writer


Irvine-based cosmetic drugmaker Allergan Inc. said Monday it formally rebuffed an unsolicited $45.6 billion buyout proposal from competitor Valeant Pharmaceuticals International Inc.


Latham & Watkins LLP partners Cary K. Hyden in Costa Mesa and Paul D. Tosetti in Los Angeles have been spearheading the firm's representation of Allergan in the matter. A Latham spokesman said the firm could...

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