Description: Valeant Pharmaceuticals scored a knockout punch Monday in the bidding war for Salix Pharmaceuticals Ltd., even though a frenetic M&A race in the pharmaceutical industry forced it to pay more than it originally hoped.
Date: March 16, 2015
Questions for discussion:
- Why are pharma mergers and acquisitions like this one taking place, according to the report?
- Do you think it is a good deal for both companies?