SEC probing Valeant, Ackman's hostile Allergan bid - WSJ
August 14, 2014 at 14:42 PM EDT
Aug 14 (Reuters) - A hostile takeover bid by billionaire investor William Ackman and Valeant Pharmaceuticals International Inc to acquire Allergan Inc is being investigated by federal regulators for possible violations of securities laws, the Wall Street Journal reported, citing people familiar with the matter.