• Appaloosa gets permission for activist stance with Allergan stake

    2 monthes ago - By Reuters

    NEW YORK - David Tepper's Appaloosa Management and two of his funds received Federal Trade Commission clearance earlier this week that could clear the way for the billionaire to become an activist investor in drugmaker Allergan Plc.
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  • David Tepper now has the go-ahead to go full activist on Allergan if he wants to

    David Tepper now has the go-ahead to go full activist on Allergan if he wants to

    2 monthes ago - By Business Insider

    Noted activist investor David Tepper's hedge fund Appaloosa Management has received Federal Trade Commission antitrust clearance to increase its stake in Allergan.
    Investors have been unhappy with Allergan's stock performance over the last year, and some would like to see the pharma company explore splitting up.
    Allergan shares closed up 3% on Thursday.
    Allergan investors have been pushing the company privately to consider making big changes. Now another big investor may be joining the pack.
    Hedge fund Appaloosa Management, run by David Tepper, received antitrust clearance from the Federal...
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