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Medicine & Law Weekly

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Andrx



Andrx provides update on acquisition by Watson



October 13th, 2006

Andrx Corp. (ADRX) announced that on September 12, 2006, it certified that each representation and warranty of the company contained in the merger agreement, as amended, with Watson Pharmaceuticals, Inc., (WPI) is true and correct as of September 12, 2006, except as would not have individually or in the aggregate, a material adverse effect and that no material adverse effect has occurred with regard to Andrx or its ability to consummate the merger since March 12, 2006.

The merger agreement, as amended, provides that in the event that the representations and warranties made by Andrx in the merger agreement are true and correct on September 12, 2006, then such...


Source: Medicine & Law Weekly (2006-10-13)

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