Ackman, who has teamed up with Canadian pharmaceutical company Valeant to launch a $45.6 billion takeover of Botox maker Allergan, warned drugmakers Tuesday that he plans to go on a little buying spree. “This is not the last deal we’re going to do,” he said. “We’re already talking about the next deal we’re going to do with Valeant.” “There are $10 trillion worth of targets,” said Ackman, referring to the combined market cap of the pharmaceutical industry. “I call this the shopping list.” [NYP]

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  1. Posted by Bonor in the front | April 23, 2014 at 5:14 PM

    I keep having this nightmare that I offer to buy Bess a drink. The only problem is I forget if she asked for a regular mojito or a strawberry mojito.

  2. Posted by Guest | April 23, 2014 at 5:37 PM

    Is Ackman running a Vanity fund? Herbalife, botox…. what's next? The silicon boob maker?

  3. Posted by St. Copious | April 23, 2014 at 6:10 PM

    Trying to think of any $40+ billion deals (even inflation adjusted) that had a happy ending for anyone but the bankers and lawyers…

  4. Posted by Guest | April 23, 2014 at 6:37 PM

    Already has that covered with Allergan –

    "As a leader in the medical aesthetics industry, Allergan is committed to providing the highest quality education to women considering breast aesthetic surgery so that she, along with her surgeon, can make an informed and educated decision about what is right for her. Looking ahead, we will continue to lead the science-based innovation in the area of breast aesthetics by offering women and their surgeons more options with additions to our extensive collection of high-quality breast implant devices."

  5. Posted by Guest | April 23, 2014 at 6:56 PM

    Some of the big oil deals: Exxon – Mobil, Chevron – Texaco. Some of the big telecom deals: SBC-Ameritech and AT&T-Bell South to form the current AT&T, Bell Atlantic-GTE to form the current Verizon.

    You are correct that most haven't gone well, though.

  6. Posted by Turnip Truck | April 24, 2014 at 2:12 AM

    Don't forget all the zit creams Valeant owns after buying Medicis.