Pharma M&A – Actavis to Acquire Warner Chilcott

By: Benzinga
On Monday, generic drug maker Actavis Inc. (NYSE: ACT ) announced plans to purchase specialty pharmaceutical company Warner Chilcott (NASDAQ: WCRX ) in an all-stock deal valued around $8.5 billion. Actavis management will lead the combined company. The move is particularly notable for Actavis, a company that has spurned
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