Tag Archives: VRX stock

Air Products Spinoff Versum Is The Subject Of Intense Bidding War

By |
0 Comment

Dearest Readers, we have a confession to make. We fell short of the sacred trust you have placed in us, and were, somehow remiss. You see, it seems, that other than to mention an index change, we never discussed Air Products and Chemicals (APD) October 2016 spinoff of Versum Materials (VSM). We apologize profusely for this breach and… Read More »

Bioverativ(BIVV) Proves Attractive To Former Valeant(VRX) Patron ValueAct Capital

By |
5 Comments
bioverativ logo

Even before Biogen(BIIB) completed its spinoff of Bioverativ(BIVV), ValueAct Capital began buying “when-issued” stock in the new company. The hedge fund has continued to buy both stock and forward contracts and has now accumulated a 7.1% position in Bioverativ. The shares were purchased at between $40 and $45 per share. As Bioverativ stock has now risen above $50,… Read More »