Allergan, Actavis near deal; announcement as soon as Monday-source

Sun Nov 16, 2014 2:50pm EST
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Nov 16 (Reuters) - Allergan and Actavis Plc are close to a deal for a merger, and an agreement could be announced as soon as Monday, a person familiar with the matter said.

Actavis would likely pay Allergan between $210 and $220 per share, according to the source. (Reporting by Olivia Oran in New York; Editing by Jeffrey Benkoe)