What the hell is going on here? According to Charlie’s Twitter account, Valeant was rumored to be putting its Bausch Lomb division for sale.
Maybe these bankers were simply playing a hypothetical game at one of Charlie’s favorite watering holes? At ant rate, the man, the myth, the Legend of Montauk, Bill Ackman, shot down these rumors, saying “It’s a core asset. “We’re only considering selling non-core assets.”
Since Pershing basically runs Valeant now, I’ll take him at his word.
Bankers are likely combing over all of Valeant’s assets, looking for parts to sell. Naturally, the Bausch division would be of supreme interest to any banker, as it would be easy to sell and fetch a high premium.
Shares of VRX are slightly lower today, off by 3%.
Gasparino is a thug … was entertaining to listen to him when he was on CNBC yelling and screaming when people interrupted him. Surprised he’s lasted this long on Fox.
Be careful or he might try to break your jaw for saying such things.
Are you kidding? Fox loves yellers and screamers.
Activist and banker porn at its finest.
who can forget this exchange: https://www.youtube.com/watch?v=pTZ8LaWz3N4
Gasparino always looks like he just rolled out of bed with a bottle and a hooker. Allegedly.