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Wednesday, October 8, 2014

Deals of the day- Mergers and acquisitions, (NYSE: AGN), (NYSE: VRX), (TSE: VRX.TO)

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: ** Valeant Pharmaceuticals International Inc and its partner William Ackman plan to boost their offer by about $15 per share, valuing Allergan Inc at more than $190 per share, according to a person familiar with the matter.** Global miner Anglo American Plc is planning to initiate the sale of its three smallest copper mines in Chile and a smelter worth $1 billion by end of the year, Bloomberg reported, citing sources familiar with the matter.

Allergan, Inc. is a multi-specialty health care Company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products. Shares of AGN traded higher by 1.5% or $2.7999/share to $189.00. In the past year, the shares have traded as low as $88.34 and as high as $189.41. On average, 2065290 shares of AGN exchange hands on a given day and today's volume is recorded at 64040.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 1.82% or $2.28/share to $127.51. In the past year, the shares have traded as low as $102.60 and as high as $153.10. On average, 2675780 shares of VRX exchange hands on a given day and today's volume is recorded at 56903.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 1.97% or $2.76/share to $142.60. In the past year, the shares have traded as low as $107.30 and as high as $170.45. On average, 450594 shares of VRX.TO exchange hands on a given day and today's volume is recorded at 14728.



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