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Posted

http://www.bloomberg.com/news/2014-02-18/actavis-said-to-near-25-billion-deal-to-buy-forest-laboratories.html

 

I can't believe that no one on this board has posted about this.  Francis Chou bought Watson back in 2007 for around $27 per share.

 

They've gone on a real tear since 2012.  Acquired Actavis, Warner Chilcott, and now Forest Labs.  In this space, VRX and ACT are the two stellar standouts.  Hopefully ENDP can repeat as a pure imitator.

Posted

Yup, it has been a total homerun but remember this is a relatively small position for Francis.  As per September 30, 2013 it was 2.1% of his fund.  2013 was a superb year for Chou Associates...  :)

 

Tks,

S

  • 4 months later...

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