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Why Are Investors Abandoning VRX Stock? - 12/28/2016 7:52:13 AM   
Purulady

 

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is down 4.5% on Wednesday as billionaire William Ackman’s Pershing Square Capital Management LP cut its stake in the company and several executives departed. Pershing is the largest investor in VRX stock, although the recent move has put its stake in the company down to 7.8% from nine percent.
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