Hedge Fund Paulson & Co Discloses 6.3 Percent Stake In Valeant

(Reuters) New York-based hedge fund Paulson & Co on Monday reported a 6.3 percent stake in embattled Canadian drugmaker Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N).The disclosure comes a week after billionaire investor John Paulson, whose hedge fund firm is the biggest owner of Valeant, joined the company’s board as it restructures to repay debt.

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