Is This Valeant (VRX)'s Next Pariah?
11/29/2016 6:18:21 AM
The Fed is expected to raise interest rates in mid-December, which could send stocks, including Valeant, much lower. The window of opportunity could be closing on the company's ability to get a decent price for underlying properties. After December potential buyers might have a less optimistic of revenue and earnings growth, and valuations.
Management's original posture was that it would not part with "core" businesses.
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