{"id":42762,"date":"2014-06-26T08:09:33","date_gmt":"2014-06-26T12:09:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42762"},"modified":"2014-06-26T08:09:33","modified_gmt":"2014-06-26T12:09:33","slug":"john-paulson-hedge-fund-firm-builds-1-billion-stake-in-allergan","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/john-paulson-hedge-fund-firm-builds-1-billion-stake-in-allergan.html","title":{"rendered":"John Paulson Hedge-Fund Firm Builds $1 Billion Stake in Allergan"},"content":{"rendered":"<p>WSJ &#8211; John Paulson&#8217;s hedge-fund firm Paulson &amp; Co. has built a $1 billion stake in Allergan Inc. and supports a takeover of the Botox maker by Valeant Pharmaceuticals International Inc., according to a person familiar with the matter.<\/p>\n<p>Paulson&#8217;s position is a boost to Valeant and its partner in the hostile bid, activist investor William Ackman. Valeant and Mr. Ackman&#8217;s Pershing Square Capital Management LP are currently seeking shareholder support to call a special meeting, at which they hope to replace a majority of Allergan&#8217;s board with nominees friendlier to a deal.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/articles\/john-paulson-hedge-fund-firm-builds-1-billion-stake-in-allergan-1403731582\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; John Paulson&#8217;s hedge-fund firm Paulson &amp; Co. has built a $1 billion stake in Allergan Inc. and supports a takeover of the Botox maker by Valeant Pharmaceuticals International Inc., according to a person familiar with the matter. Paulson&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42762","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42762"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42762\/revisions"}],"predecessor-version":[{"id":42763,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42762\/revisions\/42763"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}