Forest Laboratories, Inc. (FRX) Commences Consent Solicitations To Eliminate Existing Registration Rights Obligations On Certain Of Its Senior Notes
5/22/2014 12:08:53 PM
NEW YORK--(BUSINESS WIRE)--Forest Laboratories, Inc. (NYSE: FRX) today announced that, subject to the close of the pending acquisition (the “Acquisition”) of Forest by Actavis plc (NYSE: ACT), Actavis is offering to guarantee certain of Forest’s outstanding debt securities in exchange for the elimination of the existing registration rights obligations with respect to those outstanding debt securities.
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