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my opinion, one of the best pharma mergers in the last decade," Mr Icahn said.
The deal is a win for billionaire investor Carl Icahn, Forest's second largest holder who gained seats on the board in 2012 and 2013, and pushed for a sale.
According to filings with the Companies Registration Office in Ireland, the firm only has class A share capital of 40,000, but its class C, D, E, and F shares are valued at over $25bn.
development there's only one way to grow and that's through and acquisitions."
"They have promised the market that they would do a large amount of deals to keep the accretion alive," said Mr Hershkovitz. "If you can't do a large amount of research and Black Nike Uptempo Reflective
Dublin based firm Actavis, one of the world's largest generic drugs makers by market value, has agreed to buy Forest Laboratories for about $25bn (18bn).
The acquisition will change Actavis's mix of sales, provide the combined drugmaker with over $1bn in cost savings, and bring Forest's branded products to more markets.
"To quote Shakespeare, 'All's well that ends well,' and we applaud Brent Saunders, who, in less than six months at the helm, has helped to bring about, in Nike Uptempo Doernbecher
After investing in Forest in 2009 and waging proxy battles starting in 2011, Icahn said he was pleased with Saunders' leadership.
said last month it reached an agreement to buy Aptalis Pharma for $2.9bn to add treatments for gastro intestinal ailments and cystic fibrosis. He will join the Actavis board.
Forest Nike More Uptempo Cheap
Saunders, the former CEO of Bausch Lomb, took over leadership of Forest in September with support from Icahn.
Actavis depends on mergers and acquisitions to sustain earnings growth, since developing drugs through research and development is so costly, said Ori Hershkovitz, a partner Nike More Uptempo White And Red Release Date at Sphera Funds Management.
Actavis to buy Forest Labs for
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