Bernstein Believes Mylan Could Offer $22/Share for Warner Chilcott, Calls Deal with Actavis More Likely
May 21, 2013 at 10:52 AM EDT
Bernstein analyst Aaron Gal issued a note Tuesday morning suggesting Warner Chilcott's (NASDAQ: WCRX ) "willingness" for an all-share deal could cause other suitors to jump in for a possible bid. The analyst also pointed to benefits from tax synergies. The analyst said Mylan (NYSE: MYL ) could potentially