DEFA14A
UNITED STATES
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
Filed by the Registrant þ
Filed by a Party other than the Registrant o
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material Pursuant to §240.14a-12 |
Barr Pharmaceuticals, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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No fee required. |
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the
offsetting fee was paid previously. Identify the previous filing
by registration statement number, or the Form or Schedule and the
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On October 15, 2008, Barr Pharmaceuticals, Inc. issued the following press release.
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225 Summit Avenue
Montvale, NJ 07645
201-930-3300
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N E W S R E L E A S E |
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CONTACT:
Carol A. Cox, 201-930-3720
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EMAIL: Carol.Cox@barrlabs.com |
Barr Announces Date for Special Shareholder Meeting
Montvale, NJ October 15, 2008... Barr Pharmaceuticals, Inc. (NYSE: BRL) today announced that a
special meeting of shareholders to vote on the proposed acquisition of Barr Pharmaceuticals, Inc.
by Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) has been set for November 21, 2008. The
meeting will be held at 1:00 PM at the Hilton Woodcliff Lake in Woodcliff Lake, New Jersey. In
addition, Barrs Board of Directors approved October 10, 2008 as the record date for the special
meeting.
On October 14, 2008, Teva filed a final registration statement on Form F-4 in connection with the
proposed transaction with the Securities and Exchange Commission. The F-4 registration statement
contains Barrs proxy statement. The F-4 registration statement will be mailed together with a
proxy card and notice of the special meeting to Barr shareholders of record as of the record date.
Barrs final proxy statement was filed with the U.S. Securities and Exchange Commission (SEC) on
Wednesday, October 14, 2008.
About Barr Pharmaceuticals, Inc.
Barr Pharmaceuticals, Inc. is a global specialty pharmaceutical company that operates in more than
30 countries worldwide and is engaged in the development, manufacture and marketing of generic and
proprietary pharmaceuticals, biopharmaceuticals and active pharmaceutical ingredients. A holding
company, Barr operates through its principal subsidiaries: Barr Laboratories, Inc., Duramed
Pharmaceuticals, Inc. and PLIVA d.d. and its subsidiaries. The Barr Group of companies markets more
than 120 generic and 27 proprietary products in the U.S. and approximately 1,025 products globally
outside of the U.S. For more information, visit www.barrlabs.com.
Forward-Looking Statements
This communication contains forward-looking statements which represent the current expectations
and beliefs of management of Barr Pharmaceuticals, Inc. (the Company) concerning the
proposed merger of the Company (the merger) with Boron Acquisition Corp., a wholly-owned
subsidiary of Teva Pharmaceutical Industries Ltd. (the Teva) and other future events and
their potential effects on the Company. The statements, analyses, and other information contained
herein relating to the proposed merger, as well as other statements including words such as
anticipate, believe, plan, estimate, expect, intend, will, should, may, and other
similar expressions, are forward-looking statements under the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are not guarantees of future results and are
subject to certain risks and uncertainties that could cause
actual results to differ materially from those anticipated. Those factors include, without
limitation: the difficulty in predicting the timing and outcome of legal proceedings, including
patent-related matters such as patent challenge settlements and patent infringement cases; the
difficulty of predicting the timing of FDA approvals; court and FDA decisions on exclusivity
periods; the ability of competitors to extend exclusivity periods for their products; market and
customer acceptance and demand for our pharmaceutical products; our dependence on revenues from
significant customers; reimbursement policies of third party payors; our dependence on revenues
from significant products; the use of estimates in the preparation of our financial statements; the
impact of competitive products and pricing on products, including the launch of authorized
generics; the ability to launch new products in the timeframes we expect; the availability of raw
materials; the availability of any product we purchase and sell as a distributor; the regulatory
environment in the markets where we operate; our exposure to product liability and other lawsuits
and contingencies; the increasing cost of insurance and the availability of product liability
insurance coverage; our timely and successful completion of strategic initiatives, including
integrating companies (such as PLIVA d.d.) and products we acquire; fluctuations in operating
results, including the effects on such results from spending for research and development, sales
and marketing activities and patent challenge activities; the inherent uncertainty associated with
financial projections; our expansion into international markets through our PLIVA acquisition, and
the resulting currency, governmental, regulatory and other risks involved with international
operations; our ability to service our significantly increased debt obligations as a result of the
PLIVA acquisition; changes in generally accepted accounting principles; the reactions of the
Companys customers and suppliers to the merger; and diversion of management time on merger-related
issues. These and other applicable risks, cautionary statements and factors that could cause actual
results to differ from the Companys forward-looking statements are included in the Companys
filings with the U.S. Securities and Exchange Commission (SEC), specifically as described
in the Companys annual report on Form 10-K for the fiscal year ended December 31, 2007. The
Company undertakes no obligation to update or revise any forward-looking statements to reflect
subsequent events or circumstances.
Important Legal Information
In connection with the proposed merger, Teva has filed a registration statement on Form F-4
containing a proxy statement/prospectus for shareholders of the Company with the SEC, and the
Company and Teva may be filing other documents regarding the proposed transaction with the SEC as
well. Before making any voting or investment decision, investors are urged to read the proxy
statement/prospectus regarding the proposed transaction, as well as the other documents referred to
in the proxy statement/prospectus carefully in their entirety when they become available because
they will contain important information about the proposed transaction. The definitive proxy
statement/prospectus has been mailed to the Companys shareholders. Shareholders may obtain a free
copy of the proxy statement/prospectus, as well as other filings containing information about Teva
and the Company, without charge, at the SECs Internet site (http://www.sec.gov). Copies of the
proxy statement/prospectus and the filings with the SEC that are incorporated by reference in the
proxy statement/prospectus can also be obtained, without charge, by directing a request by mail or
telephone to Barr Pharmaceuticals, Inc., 225 Summit Avenue, Montvale, NJ, 07645 Attention:
Investor Relations.
The Company and its directors and officers may be deemed to be participants in the solicitation of
proxies from the Companys stockholders with respect to the proposed merger. Information about the
Companys directors and executive officers and their ownership of the Companys common stock is set
forth in the Companys annual report on Form 10-K for the fiscal year ended December 31, 2007 and
the Companys proxy statement for the Companys 2008 Annual Meeting of Stockholders. Stockholders
may obtain additional information regarding the interests of the Company and its directors and
executive officers in the merger, which may be different than those of the Companys stockholders
generally, by reading the proxy statement and other relevant documents regarding the proposed
merger filed with the SEC.
[EDITORS ADVISORY: Barr Pharmaceuticals, Inc. news releases are available free of charge through
PR Newswires News On-Call site at http://www.prnewswire.com/comp/089750.html. Barr news releases
and corporate information are also available on Barrs website (www.barrlabs.com). For
complete indications, warnings and contraindications, contact Barr Laboratories Product
Information Department at 1-800-Barr Lab. All trademarks referenced herein are the property of
their respective owners.]
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