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Tuesday, October 21, 2014

Market Chatter- Corporate finance press digest - Oct 21, (NYSE: AGN), (NYSE: VSI)

The following corporate finance-related stories were reported by media: * Vitamin Shoppe Inc, the nutritional supplement retailer under activist shareholder pressure to consider a sale, is speaking to investment banks about hiring a financial adviser, according to people familiar with the matter.* Allergan Inc shareholder Paulson & Co is urging the Botox maker to merge with specialty pharmaceutical company Shire Plc as an alternative to a deal with hostile bidder Valeant Pharmaceuticals, according to two people 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 0.99% or $1.76/share to $179.25. In the past year, the shares have traded as low as $88.34 and as high as $192.98. On average, 2317830 shares of AGN exchange hands on a given day and today's volume is recorded at 2117897.

Vitamin Shoppe, Inc. is a specialty retailer and direct marketer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products. Shares of VSI traded higher by 7.15% or $3.03/share to $45.43. In the past year, the shares have traded as low as $36.90 and as high as $55.20. On average, 684722 shares of VSI exchange hands on a given day and today's volume is recorded at 1418073.



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