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Wednesday, November 20, 2013

BRIEF-Actavis restructures its U.S. Specialty Brands sales unit, (NYSE: ACT)

Actavis PLC : * Announces U.S. specialty brands sales organization restructuring * Actavis specialty brands will have a sales organization comprised of approximately 750 U.S. sales professionals * Says restructured sales organization will have equal or better coverage thanthe legacy Warner Chilcott sales organization * Says expects to outline complete structure of new specialty brands commercialorganization at its investor day in January * Source text for Eikon * Further company coverage

Shares of ACT traded higher by 1.46% or $2.35/share to $163.20. In the past year, the shares have traded as low as $82.02 and as high as $166.32. On average, 1465100 shares of ACT exchange hands on a given day and today's volume is recorded at 907859.