Morgan Stanley called Valeant ‘house of cards’ in Allergan pitch

Valeant has defended itself, with Ackman arguing that the company’s business model is more similar to Warren Buffett’s Berkshire Hathaway Inc than to Tyco. Allergan is working with Goldman Sachs Group and Bank of America Merrill Lynch and legal advisers …

Morgan Stanley called Valeant ‘house of cards’ in Allergan pitch

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