Icahn Takes ‘Large Position’ in Allergan

  • Allergan says doesn’t believe investor to take activist role
  • Size of stake not disclosed; Allergan shares gain in New York

Carl Icahn Takes Large Position in Allergan

Billionaire investor Carl Icahn said he has taken a “large position” in Allergan Plc, backing Chief Executive Officer Brent Saunders in what the drugmaker said it doesn’t believe will be an activist role.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.