Valeant, Zoetis Shares in the Dog House on Takeout Speculation
June 26, 2015 at 11:54 AM EDT
Valeant is at it again. Citing “people familiar with the matter,” The Wall Street Journal reports today that Valeant Pharmaceuticals International (VRX) has made a preliminary offer to animal health company Zoetis (ZTS). J.P. Morgan analyst Chris Schott offered his thoughts on the potential pairing, which despite minimal accretion would “create a company well positioned [...]