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Valeant (VRX) and Biovail (BVF) Shareholder Vote In Favor of Merger Resolutions

September 27, 2010 2:17 PM EDT
VRX Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +4,850.0%
Valeant Pharmaceuticals (NYSE: VRX) and Biovail Corporation (NYSE: BVF) said shareholders of both companies have voted overwhelmingly in favor of the merger related resolutions.

Valeant and Biovail currently anticipate that the effective time of the merger will occur on September 28, 2010.


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