Merger of drugmakers Valeant, Actavis on hold -source

April 27 Sat Apr 27, 2013 4:16pm EDT

April 27 (Reuters) - Talks are on hold to merge drugmakers Valeant Pharmaceuticals International Inc and Actavis Inc in a deal that would have created a healthcare giant, a person familiar with the situation told Reuters on Saturday.

A Valeant spokeswoman and an Actavis spokesman could not be immediately reached for comment outside of business hours.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article