Tuesday, August 9, 2016

Before Valeant overhaul, Ackman met investors at brainstorming event

BOSTON, Aug 9 (Reuters) - Six weeks before Valeant

Pharmaceuticals International Inc revealed plans to

reorganize and pay down debt, similar ideas to improve the

drugmaker's fortunes were discussed at a private shareholder

dinner attended by top investor and board member William Ackman,

according to a source who participated.

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