Bill Ackman Supports Valeant’s Allergan Offer

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April 22 (Bloomberg) -- Valeant Pharmaceuticals International offered to buy Allergan in a cash-and-stock deal valued at $45.7 billion that will give the Canadian company the Botox wrinkle treatment. Pershing Square Capital Management LP, the fund run by Bill Ackman, Allergan’s largest shareholder, supports the offer, Valeant said. Stephanie Ruhle reports on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)

Black men and valeant.

And unorthodox alliance between bill ackman and valeant.

With bill ackman they have a lot more game.

Bill ackman does not work alone.

He is always sourcing these ideas and then he makes them happen.

He has an iron got like no one else.

This is not a slam down, they have got to get this through the sec.

Look at his training history, herbalife, fannie and freddie, the automakers.

Unity government intervention.

Many investors, short sellers and activist investors, would not invest that way knowing how unpredictable the government is.

This is not a clear path, they could get roadblocked.

I met with ackman years ago.

We said we know more about our name that anyone.

No, they said we know more.

That level of research.

I have spent an enormous amount of time with bill, whether he is right or wrong he knows his stuff inside and out.

People who have said there are antitrust issues, it does not seem that there are.

As far as insider trading goes, you would have to share nonpublic information and there would have have to be a breach of a fiduciary.

Valeant and ackman have shook hands, they are in for the long haul.

A great evolving story.

Doesn't this guy take a vacation?

Why?

All the botox.

They are saying maybe allergan will get involved in depression -- you cannot frown.

Stephanie ruhle, thank you.

Back to aereo.

A great story, high-stakes today.

The biggest broadcast networks going after aereo.

Attorneys preparing to make arguments before the high court.

It would change the course of broadcast television.

Betty liu is live at the high court and joining us now.

Josh also cover this.

Our testers are more and more of these transmission fees.

This text has been automatically generated. It may not be 100% accurate.

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