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Allergan Inc. (AGN) Staffers, Irvine Officials Worried Over Valeant Pharmaceuticals International (VRX)'s $53 Billion Hostile Bid



6/20/2014 6:47:48 AM

Allergan may be axing jobs but others are hiring too! Check it out! (Isn't it tempting?)

Wall Street sharks are not the only ones keeping a close watch on the contentious battle for control of Allergan Inc., the Irvine company that makes Botox. So are thousands of the company's scientists and researchers, many of whose jobs may be at risk.

The protracted takeover attempt is also a worry to Irvine merchants, who fear that an exodus of highly paid workers could hurt business. Even the city's mayor is getting involved, saying it's his duty to try to protect jobs in the suburban city of about 230,000 residents.

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