Valeant Buying Solta Medical for About $250M

Valeant Pharmaceuticals International Inc. is buying Solta Medical Inc. for about $250 million.

Valeant will pay $2.92 per Solta share, which is a 40 percent premium to its Friday closing price of $2.09. Shares of Solta surged on the news Monday.

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Valeant Buying Solta Medical for About $250M

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