UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
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Allergan, Inc.
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The following statement was provided by Allergan, Inc. (Allergan) in response to media inquiries regarding the presentation made by Pershing Square Capital Management, L.P. (Pershing Square) on July 17, 2014:
Todays presentation by Mr. Ackman is more of the same baseless accusations and mischaracterizations designed to distract stockholders so Valeant can acquire Allergan at the lowest possible price. Investors need to question why Pershing Square is going to such great lengths to criticize Allergan and to campaign for Valeant to pay less, not more. Pershing Square is conflicted and economically incentivized to support Valeant acquiring Allergan at a price that benefits the acquiror to the detriment of Allergans other stockholders. The facts speak for themselves Allergan has an extremely successful track record of performance and a stockholder-friendly corporate governance profile, including an annually-elected board, and rights of stockholders to call special meetings and act by written consent. Notwithstanding Mr. Ackmans efforts to change the subject, Allergan recognizes this is all about value and thats what Allergan intends to deliver to all stockholders.