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Actavis' Proposed Acquisition of Warner Chilcott Recommended for Approval by Leading Proxy Advisory Firms
Date:8/29/2013

PARSIPPANY, N.J., Aug. 29, 2013 /PRNewswire/ -- Actavis, Inc. (NYSE: ACT) today announced that all three leading independent proxy advisory firms — Institutional Shareholder Services (ISS), Glass Lewis and Egan-Jones — have recommended that Actavis shareholders vote in favor of adopting the transaction agreement in which Actavis will acquire Warner Chilcott plc (NASDAQ: WCRX) through the formation of a new holding company incorporated in Ireland, expected to be named Actavis plc.

Actavis' proposed acquisition of Warner Chilcott is the subject of a special meeting of Actavis shareholders, which will be held on September 10, 2013 at 9:00 a.m. Eastern Daylight Time, at the Parsippany Hilton in Parsippany, N.J.  Actavis will not be providing a formal update on the business at the meeting.  The meeting is being held to seek shareholder approval of the transaction agreement and the merger and related matters. 

About ActavisActavis, Inc. (NYSE: ACT) is a global, integrated specialty pharmaceutical company focused on developing, manufacturing and distributing generic, brand and biosimilar products.  Actavis has global headquarters in Parsippany, New Jersey, USA. 

Operating as Actavis Pharma, Actavis markets generic, branded generic, legacy brands and Over-the-Counter (OTC) products in more than 60 countries.  Actavis Specialty Brands is Actavis' global branded specialty pharmaceutical business focused in the Urology and Women's Health therapeutic categories.  Actavis Specialty Brands also has a port
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SOURCE Actavis, Inc.
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