The Actavis CEO (Brent Saunders) came from Forest. From his perspective it was a merger.
The Forest deal was forced by another scumbag hedge fund guy, Carl Icahn. He forced out the Forest CEO and handed picked Saunders who led the merging with Actavist.
From a sales perspective Forsest legacy won out over Actavist. Their reps and their system was kept in place with many Actavist reps being fired. So Allergan sales forces specifically Neuro would be in trouble if Actavist bought us.
Forest is a very very bad company and they are in neruo, gi, primary care, cardio with a handful of me to 8th in class products. Big Pod selling, stupid reps, immature managers.
Saunders will eventually sell Actavist. His history as CEO is to sell every company he leads that's why he was handpicked by Ican when he was at Forest and that's why he was selected CEO over the Actavist CEO when the companies merged.
Actavist is not much better than Valeant.
It's a shame Allergan can not be bought out by a quality company instead of these two shit companies.
Allergan, Actavist, Valeant. Allergan is by FAR the best company of the three but they will most likely no longer exist while these crap companies continue on. What a shame.