Group 7_Valeantu2019s Battle for...

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Valeant’s Battle for Allergan Section G - Group 7 Havnur Dheeraj (PGP/23/392) RK Somesah (PGP/23/409) Rahul Agarwal (PGP/23/410) Rhea Pradhan (PGP/23/412) Ritik Maheshwari (PGP/23/413)
Question 1 Question 2 Question 3 Question 4
Question 1 Question 2 Question 3 Question 4
Question 1 Question 2 Question 3 Question 4
Question 1 Question 2 Question 3 Question 9 & 10 Why weren’t Ackman’s actions considered insider trading? Pershing Square headed by Ackman didn’t held any fiduciary relationship with Allergan. Insider is a term describing a director or senior officer of a company, as well as any person or entity that beneficially owns more than 10% of a company's voting shares. So, Ackman was not insider according to the definition. They have cleverly maintained their position in the firm. According to section 10b and section 14e of Securities and Exchange Act 1934, Ackman and Valeant were not in possession of non-public information about Allergan.

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