Description: Should Bill Ackman and Valeant Pharmaceuticals International Inc. fail in their bid to take over Allergan Inc., options traders will be hedged.

Source: Bloomberg.com

Date: Aug 28, 2014

Link: http://www.bloomberg.com/news/2014-08-28/allergan-attempts-to-elude-ackman-bid-fuel-bearish-bets.html

Questions for Discussions:

• What does this report say about the various strategies in play?
• What would you advise investors to do at this time?