Allergan, is a multi-specialty health care company focused on discovering, developing and commercializing innovative pharmaceuticals, biologics and medical devices that enable people to live good life.
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NEW YORK, May 17 (Reuters) - David Tepper's Appaloosa
Management and two of his funds received Federal Trade
Commission clearance earlier this week that could clear the way
for the billionaire to become an activist investor in drugmaker
Noted activist investor David Tepper's hedge fund Appaloosa Management has received Federal Trade Commission antitrust clearance to increase its stake in Allergan.
Investors have been unhappy with Allergan's stock performance over the last year, and some would like to see the pharma company explo…