TakedaQuiet day today so i thought why not write something...
Thinking about the Salix rumour made think a little more and the conclusion i have is that I don't think Valeant really pushed the offer off the table for all of Valeant. I still think Takeda is working with TPG Equity Firm and not alone. If they thought Valeant was attractive enough then I think now is a better time for them to purchase, consider they renegotiated the debt terms. Relistor is out and doing well plus lots in the pipline coming up for Valeant that will generate lots of profit.
Also looks like Takeda will also be 2Billion dollars richer: https://www.reuters.com/article/us-takeda-pharma-sale-idUSKBN12X2D9