Has anyone looked more the part of the 1980s corporate raider than Bill Ackman as he circles Allergan as a main character in Valeant Pharmaceuticals’ $47 billion hostile bid for the Irvine-based drug maker? … Could Ackman have picked a tougher nut to crack than David Pyott, ever the Scotsman who takes a measure of pride in his—and Allergan’s—thriftiness? … Any chance that Valeant CEO Michael Pearson succeeds in getting under Pyott’s skin? Here’s a shot Pearson took during a press conference: “Allergan is not owned by PE, so let’s assume their starting point is they are a little fatter” … Here’s betting Pyott leaves that bait on the hook (see related story, page 1) … Pyott is in the headlines here, but it’s a different story on his auld sod, where Manchester United sacked fellow Scotsman David Moyes just as Ackman and Pearson went after Allergan...

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