Valeant Rejected Joint Takeover Approach From Takeda, TPG

http://www.wsj.com/articles/valeant-rejected-joint-takeover-approach-from-takeda-tpg-1464304905

So is this another dumb move by Valeant?

 

Such a shame, we employees could have had a new beginning!

Damn Bill A, all he cares is about the mighty buck, and could care less about the people.

Only an outside company like Takada could clean up this stinky sewer.

 

Why does the stock go up after the takeover was rejected? This is asinine!

 

Because the vultures think there will be a higher bid.

Unfortunately that type of Bill Ackman greed got us to where we are now.
when we file for bankruptcy, because we are insolvent and cannot pay back the debt, the stockholders will be wiped out. Then the court will sell the pieces to the highest bidder.
The ride is about to get wilder.
The sewer is about to be flushed.

What a Country. Hope Bill A has a great memorial day weekend in the Hamptons flown there with his G5.

Wonder where MP will be? And the 4 Valeant jets this weekend.

Party Party Party

 

If this had gone through, Takeda would had laid off most of, if not all of, Salix as Takeda has an established GI division.

 

too early for new board to make big moves. expect nothing before Q3