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Allergan (AGN) Targeted By Valeant and Pershing Capital

Shares of Allergan Inc. (AGN) were up +28.33 or +19.95 percent to $170.33 per share in pre-market trading this morning, after news late yesterday of a potential takeover bid from Valeant Pharmaceuticals International Inc. (VRX) and Bill Ackman’s Pershing Square Capital Management LP. Allergan stock closed at $142.00 per share, up +8.08 or +6.03 percent
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On This Date

April 23, 1987:
Business Week announces its list of the nation's highest paid executives. Lee Iacocca of Chrysler Corporation tops the list, with an estimated salary of $20.5 million.

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