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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > * BREAKING: Valeant Acquires Concordia *
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Post by HedgeFunder on Aug 18, 2016 2:12pm

* BREAKING: Valeant Acquires Concordia *

LAVAL, Quebec -- Valeant Pharmaceuticals Corp. (Nasdaq: VRX) and Concordia Healthcare Corporation (NYSE: CRXR) on Thursday announced they have entered into a definitive agreement under which Valeant will acquire Concordia for $9.65 per share in an all-cash transaction valued at $1.01 billion, inclusive of Concordia's net cash. Valeant will retain its distinct brand, culture and independence. More about this acquisition @ The Onion News Network.
Comment by LaticeInExile on Aug 18, 2016 2:16pm
This post has been removed in accordance with Community Policy
Comment by visionaryfool on Aug 18, 2016 2:22pm
Love it haha. I hope it gets picked up by some news organizations.
Comment by DanKwong1958 on Aug 18, 2016 5:02pm
I can not find this story on the internet.  Why is noone talking about it?  I assume the $9.65 is US funds.  Do shareholders vote on it and drive up price.  Will we get a short squeeze tomorrow?
Comment by Craigbad on Aug 18, 2016 2:21pm
You know a stock has reached a whole new level of bad when even the Onion starts making fun of it. Maybe MT can file another "hurt feelings" lawsuit against them instead of running the business. Lol
Comment by notwrong on Aug 18, 2016 3:07pm
This post has been removed in accordance with Community Policy
Concordia Healthcare Corp.