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BRIEF-Commonwealth Laboratories Inc announces agreement with Valeant Pharmaceuticals for acquisition of commonwealth's U.S. and Canadian business

Published 2015-07-23, 07:17 a/m
BRIEF-Commonwealth Laboratories Inc announces agreement with Valeant Pharmaceuticals for acquisition of commonwealth's U.S. and Canadian business
BHC
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July 23 (Reuters) - Valeant Pharmaceuticals International Inc VRX.TO :
* Commonwealth Laboratories, Inc. announces agreement with Valeant
Pharmaceuticals for the acquisition of commonwealth's U.S. and Canadian
business
* Commonwealth laboratories - commonwealth's existing management team will
remain in place
* Commonwealth laboratories - deal provides for an up-front purchase price to
be paid by Valeant on closing
* Commonwealth laboratories - deal provides for opportunity for additional
sales-based milestones payments

* Source text for Eikon ID:nBwc838hma

* Further company coverage VRX.TO

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