As the court battle between Allergan, Inc. (NYSE:AGN), Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) and activist hedge fund manager Bill Ackman of Pershing Square Capital plays itself out in court, the fate of research and development at what was considered one of the better run corporations in the US stands in the balance, according to sealed documents obtained by ValueWalk (see the documents at the end of this article). The trial could be the make-or-break point for Allergan, which is expected by some hedge fund insiders to lose a shareholder proxy vote this December 18, particularly if Pershing Square votes…
Does Pyott Recognize Valeant / Ackman Potential Value Creation For Allergan Shareholders?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.