Post by
DrStockHouse on May 18, 2016 8:33pm
VRX Asset Sell
Rumor that KKR Submitted ~$22B Bid For Bausch Lomb Portfolio
Comment by
Marky1 on May 18, 2016 9:12pm
Where did you get this information from?
Comment by
Marky1 on May 18, 2016 9:34pm
Valeant paid $8.7 Billion for B H......I would grab the 22$B....and clean up the finances...Ackman said that the sale of B L is not in the cards.....so I doubt if your rumour is valid....
Comment by
Kevin046 on May 18, 2016 9:47pm
https://seekingalpha.com/article/3976001-sentiment-shifted-valeant
Comment by
Marky1 on May 18, 2016 10:12pm
Thank you Kevin,,,,Great article!
Comment by
Kevin046 on May 18, 2016 11:21pm
they better sell it for 22B and pay the debt down. they shouldnt resist that. unless they try to get a higher asking price.
Comment by
makingdough on May 18, 2016 9:48pm
Just google it, the rumour is nearly a week old, and has been widely dismissed. But hey, you never know.
Comment by
BullishBaytix on May 19, 2016 7:51am
For 22 billion??? Its in the cards for sure. He doesnt run the company. If they paid down most of the debt with a sale like that the shares will double overnight.
Comment by
DrStockHouse on May 19, 2016 8:16am
The spike we got last friday is due to that rumor.... Vrx will use B&L as last card.... They are to sell other assets valuated 1B .... Sure the market is warming now as vrx said that they are willing to sell asset To reduce debt... We never know.... !!!!
Comment by
Joe454 on May 19, 2016 9:22am
This post has been removed in accordance with Community Policy