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Allergan

This article was originally published in The Tan Sheet

Executive Summary

Corporate restructuring should not affect its lens care solution business, the company says. Allergan announced Sept. 15 it will be closing five manufacturing plants and reducing its workforce by 550 people over the next three years. The changes are part of an "operational efficiency initiative" designed to move the firm "into the ranks of top-quartile performing companies," Allergan said. For the six months ended June 26, the company lost $87.4 mil
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