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FTC Seeks Additional Info From Teva, Cephalon Regarding Merger

DOW JONES NEWSWIRES Teva Pharmaceutical Industries Ltd. (TEVA, TEVA.TV) and acquisition target Cephalon Inc. (CEPH) each received a request to provide additional information to the U.S. Federal Trade Commission related to a pending $6.8 billion deal between the firms. Israel-based Teva, which trumped a hostile offer from Valeant Pharmaceuticals International Inc. (VRX) in agreeing to buy Cephalon last month, said it had expected the request. The parties have been cooperating with the FTC staff since shortly after the bid was announced, according to Teva, which said it intends to win clearance "as promptly as possible." Teva on Monday said it continues to expect the deal to be completed in the third quarter, following clearance from U.S. and European regulators, as well as winning approval of Cephalon shareholders. Teva's American depositary shares were recently up 0.4% to $49.35 in after-hours trading. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for Valeant Pharma (VRX)
DateTimeHeadline
07/02/201519:19:22Statement of Changes in Beneficial Ownership (4)
07/02/201519:15:56Statement of Changes in Beneficial Ownership (4)
07/02/201519:12:25Statement of Changes in Beneficial Ownership (4)
07/02/201519:07:34Statement of Changes in Beneficial Ownership (4)
07/02/201518:14:34Statement of Changes in Beneficial Ownership (4)
06/30/201514:19:29Towers Watson: Lower Taxes Not Main Driver of Willis Deal
06/24/201516:33:16Statement of Changes in Beneficial Ownership (4)
06/24/201516:28:30Statement of Changes in Beneficial Ownership (4)
06/24/201516:21:55Statement of Changes in Beneficial Ownership (4)
06/24/201508:00:00Valeant Pharmaceuticals To Announce 2015 Second Quarter Results...
06/24/201508:00:00Valeant Pharmaceuticals To Announce 2015 Second Quarter Results...
06/23/201509:15:00Valeant and Progenics Announce the Submission of U.S. New Drug...
06/23/201509:15:00Valeant and Progenics Announce the Submission of U.S. New Drug...
06/19/201510:00:02Bill Ackman's Pershing Square is Betting Big on These 4 Companies
06/17/201508:02:35Allergan To Buy Double-Chin Treatment Maker Kythera For $2.1...
06/16/201516:10:37Current Report Filing (8-k)
06/16/201516:02:44Statement of Changes in Beneficial Ownership (4)
06/16/201515:50:30Initial Statement of Beneficial Ownership (3)
06/15/201508:49:35Actavis Changes Name to Allergan After Deal For Botox Maker
06/12/201519:24:30Statement of Changes in Beneficial Ownership (4)

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