Forest Investor Says $25B Actavis Offer Is Insufficient
Earlier this week, the boards of directors at both companies announced the cash-and-stock takeover deal. Under the deal’s terms, stockholders in New York-based Forest will receive a payout valued at $89.48 per share at the time of announcement, including $26.04 in cash and the balance in Actavis shares.
The price is a 25...
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