been giving this a look over past month, but no position yet. one thing that sticks out is how this co. is going to buy forest labs. they look to have very little cash, and a good bit of debt, plus negative eps. - read about the forest lab shareholders getting ACT stock and ACT using bridge loans, but wow...now the stories are coming across that they might be looking for more acquisitions?
keep in mind that FRX has a stash of cash in ireland,somewhere in the range of 2 billion+,this will be going to ACT once the buyout is completed,add that to the amount that ACT has ,and.................you get the picture.