Valeant Pharmaceuticals (VRX) Near Deal to Acquire Actavis (ACT) for Over $13B

April 26, 2013 7:28 PM EDT
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Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is near a deal to acquire Actavis (NYSE: ACT) for more than $13 billion, according to late reports from the Wall Street Journal. If consummated it would be one of the largest health-care deals of the year.

The deal is being envisioned as an all-stock transaction but talks are still fragile and could break off, the Journal said.

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