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Wednesday, April 23, 2014

Allergan Invokes Poison Pill

By now everyone is aware that publicly traded Valeant Pharmaceuticals ($VRX) has teamed up with Bill Ackman to purchase Allergan (a private firm), the Botox producer.  Allergan has a "poison pill" documented from 2012.  Valeant spiked on the news and most of us are aware of Ackmans somewhat skeptical purchasing of options hand over fist:

Ackman Calls:

Ackman Total Trades:

Allergan had filed three separate documents for Poison Pills in 2012 according the SEC:


Allergan's Poison Pill from SEC in 2012: