Actavis buys Warner Chilcott in $US5bn deal

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Actavis Inc. (ACT: Quote) announced Monday morning that it agreed to acquire Warner Chilcott (WCRX: Quote) in a stock-for-stock transaction valued at approximately $8.5 billion. Actavis gapped open higher this morning and is now up 4.07 at $129.57.

(Financial News Network On) The price of Warner Chilcott shares has climbed to $19.79 (a 3.0% change) on heavy trading volume. Today's volume of 44.5 million shares tops the average 30-day volume of 6.0 million shares. Spikes in volume can ...

Posted 11:18 AM ET Generic drugmaker Actavis (ACT) said Monday it's buying specialty drugmaker Warner Chilcott (WCRX) in an $8.5 billion deal, sending both stocks up in the stock market today. Actavis explained in its press release that the ...

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11:43 AM EDT) Lazard Capital downgraded Warner Chilcott (NASDAQ: WCRX) from Buy to Neutral. This morning it was learned that Actavis (NYSE: ACT) entered into a definitive agreement under which Actavis will acquire Warner Chilcott in a ...

12:00pm BST Actavis Inc and Warner Chilcott plc announced they have entered into a definitive agreement under which Actavis will acquire Warner Chilcott plc in a stock-for-stock transaction valued at approximately $8.5 billion. The proposed ...