Valeant, backed
by activist investor Bill Ackman, whose Pershing Square Capital Investment holds some 10 per cent of Allergan stock, originally announced its takeover bid back in April and has since boosted it twice to some US$ 53 billion.
The 69 - year - old railroad veteran stormed into Canadian Pacific in June 2012 after a proxy battle led
by activist investor Bill Ackman and has made good on his promise to repair the underperforming company.
Not exact matches
Management Corporate Boards Led
by investors such as Carl Icahn,
Bill Ackman and Jeff Smith, and targeting companies from DuPont to PepsiCo, campaigns
by activist investors have become a common occurrence in the United States in the past few decades.