Bill Ackman welcomes a Securities and Exchange investigation into Pershing Square Capital Management LP and its involvement with Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) in the hostile takeover bid of Allergan, Inc. (NYSE:AGN).
![Ackman Welcomes SEC Probe As IRS Targets Valeant Ackman Welcomes SEC Probe As IRS Targets Valeant](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
Ackmanstands by his action
Ackman says there was nothing wrong with the tactics and stands by his actions.
“There is nothing illegal, unethical, or improper in taking a toehold position before a merger is proposed, even...
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