let's take a closer look with
brent saunders. he's the president and ceo of
allergan.
brent, welcome back to "mad
money." >> thank you.
>> we got to get right to it.
on the conference call this
why are you overpaying for these
things? and i need you to tell our
viewers because your stock's
been getting hit when you make
these acquisitions.
>> i think criticism is always
helpful.
we love the feedback.
i love to get the feedback from
shareholders, but i don't think
we overpaid. i think we paid a competitive
price for tobira.
>> competitive with who? >> i think we got a home run on
vitae. >> were there really other
companies bidding for this thing and you had to -- there were?
>> there were other companies and when you see the regulatory
filings come out from tobira, i
think the picture will be
clearer and you'll be able to
understand it better.
but put that aside.
$595 million for a potentially
phase three ready asset in one
of the largest unmet medical