Merger of Dugmakers Valeant, Actavis on Hold: Source
April 28, 2013 at 10:50 AM EDT
A proposed merger of Valeant Pharmaceuticals International Inc and Actavis Inc. was put on hold after the two drugmakers failed to agree on terms of a deal that would have created a healthcare giant with a combined market value of $35 billion, a person familiar with the situation told Reuters on Saturday.