Pershing Square Activist Presentation Deck
High Trading Volume Since Initial Valeant Bid
Since Valeant's initial bid, trading in AGN shares has exceeded
88% of the company's float
Share Price (USD)
185.00
180.00
175.00-
170.00
165.00
160.00
155.00
150.00
145.00
140.00-
135.00
April 22: Initial
VRX proposal
May 30: Third
VRX proposal
May 28: Second
VRX proposal
Apr-22
Apr-24
Apr-28
Apr-30
May-02
May-06
May-08
May-12
May-14
May-16
May-20
May-22
May-271
May-29
Jun-02
Cumulative % of Float Traded
Source: Bloomberg, company filings
Note: % of float traded excludes shares owned by Pershing Square and Valeant.
96
Jun-04
Jun-06
Jun-10
Jun-12
Jun-161
Jun-18
Jun-20
Jun-24
Jun-26
Jun-30
Jul-021
Jul-07
<-Share Price
60-inr
Jul-11
100%
90%
80%
70%
60%
50%
- 40%
-30%
20%
10%
0%
Cumulative % of Float TradedView entire presentation