Allergan Preparing to Approach Shire About Takeover -- Reuters

By Dow Jones Business News, 
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Allergan Inc. is preparing to approach Shire PLC about a potential takeover, Reuters reported Monday, citing people familiar with the matter.

Allergan in recent months held talks with Shire about a potential takeover that didn't work out, but Allergan is still interested, Reuters reported.

Activist investor William Ackman and Valeant Pharmaceuticals International Inc. on Tuesday revealed an offer to acquire Allergan, the maker of Botox.

Full story at:

http://www.reuters.com/article/2014/04/28/us-shire-allergan-exclusive-idUSBREA3R16Y20140428

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


  (END) Dow Jones Newswires
  04-28-141631ET
  Copyright (c) 2014 Dow Jones & Company, Inc.


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