Tuesday 14 March 2017

Valeant To Open At 8 Year Lows After Ackman Exits With $4 Billion Loss

Valeant To Open At 8 Year Lows After Ackman Exits With $4 Billion Loss

zerohedge.com / by Tyler Durden / Mar 14, 2017 9:16 AM

Pershing Square’s Bill Ackman once predicted Valeant would be the next Berkshire Hathaway, saying its shares could hit $330 took a roughly $4 billion loss on the embattled drugmaker as he reported his complete exit overnight.

As we detailed previously, the sale ends

March 14, 2017 at 03:30PM

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