Unlikely Valeant (VRX) Will Lose Salix (SLXP) Deal - BMO Capital
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Valeant Pharma (VRX) Comments on Endo Bid for Salix; Remains Committed to All-Cash Offer
March 12, 2015 6:39 AM EDTValeant Pharma (NYSE: VRX) issued the below statement in response to Endo International plc's (Nasdaq: ENDP) unsolicited offer to acquire Salix Pharmaceuticals, Ltd. (Nasdaq: SLXP):
"We are firmly committed to our all-cash... More
Valeant Pharma (VRX) firmly committed to agreed upon Salix Pharma (SLXP) deal - Bloomberg
March 11, 2015 3:31 PM EDTValeant Pharma (NYSE: VRX) firmly committed to agreed upon Salix Pharma (NASDAQ: SLXP) deal, Bloomberg reported citing a spokesperson.
... MoreValeant Pharma (VRX) Ticks Higher as Endo (ENDP) Confirms Bid for Salix (SLXP)
March 11, 2015 2:43 PM EDTValeant Pharma (NYSE: VRX) shares are moving slightly to the upside following confirmation that Endo International (Nasdaq: ENDP) has moved to acquire Salix Pharma (Nasdaq: SLXP) for $175 per share in... More
Endo (ENDP) Announces $175/Share Offer for Salix (SLXP)
March 11, 2015 2:30 PM EDTEndo International plc (Nasdaq: ENDP) confirmed that it has submitted a proposal to the Board of Directors of Salix to acquire all of the outstanding shares of common stock of Salix Pharma (Nasdaq: SLXP) in a negotiated cash and stock transaction. Based on the closing stock price of Endo on March 10, 2015, the transaction is valued at $175.00 per Salix share.
*** Under terms of the... More
Salix Pharma (SLXP) Surges on Reports of Competing Bid from Endo (ENDP)
March 11, 2015 1:12 PM EDTShares of Salix Pharma (NASDAQ: SLXP) zoomed higher Wednesday on reports from the Wall Street Journal that Endo Int'l (NASDAQ: ENDP) is prepared to make a competing bid for the company.
This afternoon, Endo delivered a... More
Salix Pharma (SLXP) Moves Above $158/Share Valeant (VRX) Bid as Endo (ENDP) Said to Enter Fray
March 11, 2015 12:52 PM EDTSalix Pharma (Nasdaq: SLXP) has moved above the $165 level to $169 per share on news that Endo International (Nasdaq: ENDP) was said to offer Salix $170 - $175 per share.
Salix and Valeant (NYSE:... More
Salix Pharma (SLXP) Gains on Report of Competing Bid from Endo Int'l (ENDP) (VRX)
March 11, 2015 12:44 PM EDTEndo Int'l (NASDAQ: ENDP) said to make competing bid for Salix Pharma (NASDAQ: SLXP).
SLXP is currently in a deal to be acquired by Valeant Pharma (NYSE: VRX) for $165/share.
... More