{"id":26387,"date":"2014-06-19T09:47:19","date_gmt":"2014-06-19T13:47:19","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=26387"},"modified":"2014-06-19T09:47:19","modified_gmt":"2014-06-19T13:47:19","slug":"morgan-stanley-nysems-pitched-its-defense-services-to-allergan","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387","title":{"rendered":"Morgan Stanley (NYSE:MS) Pitched Its Defense Services To Allergan"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 06\/19\/2014 (wallstreetpr) \u2013<b> Morgan Stanley (NYSE:MS)<\/b> is the advice-giver to the Canada based pharmaceutical company, <b>Valeant Pharmaceuticals Intl Inc (NYSE:VRX)<\/b> in its $53 billion bid for <b>Allergan, Inc. (NYSE:AGN).<\/b> Morgan Stanley, the global financial service firm initially attempted to get appointed by Allergan. According to Allergan, Morgan Stanley is the unwanted bidder in the &#8220;house of cards.&#8221;<\/p>\n<p style=\"text-align: justify;\"><b>Emails Released By Morgan Stanley To Allergan:<\/b><\/p>\n<p style=\"text-align: justify;\">Accordingly, Morgan Stanley (NYSE:MS) bankers sent emails to Allergan stating that the pharmaceuticals company was a &#8220;house of cards.&#8221; In addition, they also wrote that Valeant has an untenable business model. However, Allergan eventually planned not to appoint Morgan Stanley while Valeant did. The email exchanges between Morgan and the Botox manufacturer were done on Monday, which disclosed that the bankers were &#8220;pitching&#8221; for a resistance assignment from Allergan. It has revealed that Morgan Stanley offered suggestion as to how Allergan could successfully safeguard itself from the unsolicited suitor.<\/p>\n<p style=\"text-align: justify;\"><b>Morgan Stanley Advices Allergan:<\/b><\/p>\n<p style=\"text-align: justify;\">Allergan stated that the executives of Morgan Stanley (NYSE:MS) have sent emails directly to the management team of Allergan. The emails sent by the U.S. multinational financial provider advice Allergan to share the concerns. Allergan, Inc. (NYSE:AGN) mentioned that on May 13, 2014, an email was sent to David Pyott, the chief executive officer as well as Jeff Edwards, the chief financial officer.<\/p>\n<p style=\"text-align: justify;\">\u00a0In the email, Robert Kindler, the global head of Mergers &amp; Acquisitions of Morgan Stanley commented that the company could be more hostile in going after Valeant&#8217;s business model along with its stock value. As a course of action, managing director at Morgan Stanley&#8217;s healthcare group, David Horn, followed by sending an email to Jeff Edwards on May 18, 2014.<\/p>\n<p style=\"text-align: justify;\"><b>Morgan Stanley Declined To Comment:<\/b><\/p>\n<p style=\"text-align: justify;\">Mary Claire Delaney, a spokeswoman for Morgan Stanley (NYSE:MS), refused to say anything on the delivery of emails. Michael Pearson, the chief executive officer of Valeant, stated that Allergan&#8217;s revelation is an indication of desperation. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) looks ahead to establish the naysayers incorrectly, added Pearson.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 06\/19\/2014 (wallstreetpr) \u2013 Morgan Stanley (NYSE:MS) is the advice-giver to the Canada based pharmaceutical company, Valeant Pharmaceuticals Intl Inc (NYSE:VRX) in its $53 [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":15648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6993,6035,3474,1877,6036,1431,2046,3036,2045],"stock_ticker":[],"class_list":["post-26387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-allergan-inc","tag-allergan-inc-nyseagn","tag-morgan-stanley","tag-morgan-stanley-nysems","tag-nyseagn","tag-nysems","tag-nysevrx","tag-valeant-pharmaceuticals-intl-inc","tag-valeant-pharmaceuticals-intl-inc-nysevrx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morgan Stanley (NYSE:MS) Pitched Its Defense Services To Allergan - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morgan Stanley (NYSE:MS) Pitched Its Defense Services To Allergan - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 06\/19\/2014 (wallstreetpr) \u2013 Morgan Stanley (NYSE:MS) is the advice-giver to the Canada based pharmaceutical company, Valeant Pharmaceuticals Intl Inc (NYSE:VRX) in its $53 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-06-19T13:47:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/02\/Morgan-Stanley-BIG1.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Steve Hackney\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Hackney\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387\"},\"author\":{\"name\":\"Steve Hackney\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/3ce02e36ec0c7fc865d70f316a025867\"},\"headline\":\"Morgan Stanley (NYSE:MS) Pitched Its Defense Services To Allergan\",\"datePublished\":\"2014-06-19T13:47:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387\"},\"wordCount\":348,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/morgan-stanley-nysems-pitched-its-defense-services-to-allergan-26387#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/02\/Morgan-Stanley-BIG1.gif\",\"keywords\":[\"Allergan Inc.\",\"Allergan Inc. 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