Tag: William Ackman

Ackman Adds Exposure As Valeant Responds to Citron

Ackman Adds Exposure As Valeant Responds to Citron

Valeant stock rebounded in the afternoon, aided in part by an announcement by the firm categorizing Citron’s research as erroneous and an announcement by one of their largest shareholders, William Ackman, that he had bought the stock while blood was […]

John Paulson Funds Pounded In August

John Paulson Funds Pounded In August

It’s not easy being a billionaire hedge fund manager. Just ask famous hedge fund guru John Paulson, who had to admit to investors last week that his hedge funds were seriously hammered last month when global financial markets sold off. […]

Allergan Formally Rejects Valeant Offer

Allergan Formally Rejects Valeant Offer

For the second time, Allergan, Inc. (NYSE:AGN) has formally rejected the $46 billion unsolicited takeover offer from Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX).  Allergan, which previously rejected a Valeant takeover bid over one year ago, said the deal would create […]