Allergan







Allergan will lose their ace card if congress block takeover inversions. Taking over another company (using up their spare cash and reducing savings for Valeant) will no longer be so easy.

Valeant's chances of taking over Allergan just went up.
 






Allergan will lose their ace card if congress block takeover inversions. Taking over another company (using up their spare cash and reducing savings for Valeant) will no longer be so easy.

Valeant's chances of taking over Allergan just went up.

Actually, Valeant's chances went down. A big part of the strategy Valeant touted was the Canadian tax rate.