Allergan CEO opposes fundamental shift in strategy, shares fall

Botox maker Allergan’s shares fell 4.2 percent to $155.16 (112.8 pounds) in late-morning trading, and are down more than a third over the last year. Allergan has hired multiple advisers, Saunders said on a Monday conference call following the company’s quarterly earnings. It is considering five options: deploying capital to buy back shares, doing divestitures, splitting the company, making acquisitions, or continuing to operate Allergan as is. …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.