Deals
Ontario Teachers' Bought $17.2 Million Valeant Stock in 3Q
- Canadian pension fund held 96,470 shares end of third quarter
- Shares have since dropped 59 percent amid controversy
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Ontario Teachers’ Pension Plan, Canada’s third largest pension fund, purchased $17.2 million worth of shares in Valeant Pharmaceuticals International Inc. during the third quarter, according to regulatory filings.
Ontario Teachers’ 96,470 shares purchased during the quarter were valued at $178.38 a piece as of Sept. 30, according to the filing. Shares have since fallen to $73.77 a piece at the close in New York Thursday, a 59 percent drop.