August 18, 2014
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Valeant extends expiration of offer to acquire Allergan
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Valeant Pharmaceuticals announced it has delayed the expiration of its exchange offer to acquire all outstanding shares of Allergan to 5 p.m. EST on Dec. 31, 2014, from the originally scheduled expiration date of Aug. 15, 2014.
All other terms and conditions of the exchange offer will remain the same, according to a press release from Valeant.
The depositary of the exchange offer has advised that as of 9 a.m. EST on Aug. 15, 2014, approximately 12,509,606 shares of Allergan common stock were validly tendered and not properly withdrawn in the exchange offer, according to the release.