1. Articles from Lydia Ramsey and Olivia Oran

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    1. 'Losing direction': Allergan Investors are Unhappy After a Wild 4 Hour Takeover Drama

      'Losing direction': Allergan Investors are Unhappy After a Wild 4 Hour Takeover Drama
      • Allergan's stock closed down 4% on Thursday, after the pharma giant said it was "in the early stages of considering a possible offer" for UK-listed Shire, only to say four hours later that it wouldn't make an offer.
      • The drama extends what's been a tough year for the Botox-maker, with the stock vastly underperforming the broader biotech index...
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      Mentions: Takeover Nasdaq Japan
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