Valeant Slashes Guidance, Warns of Possible Default; Shares Cut in Half – Wall Street Journal


Forbes
Valeant Slashes Guidance, Warns of Possible Default; Shares Cut in Half
Wall Street Journal
Activist investor William Ackman, whose Pershing Square Capital Management LP owns a significant chunk of Valeant shares and who has defended Valeant in lengthy conference calls, said Tuesday in a statement that Pershing would take a “much more …
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