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Weitz Investment Management: ‘We No Longer Own Valeant’

FYI: Weitz Investment Management, the other well-known value investment shop from Omaha, sold all of its shares in embattled Valeant Pharmaceuticals International (VRX).

The firm, founded by Wally Weitz, posted an update on its website on Monday saying that it had pared back holdings significantly in the third quarter and sold the rest in recent weeks. Here’s a link to the update:
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/11/02/weitz-investment-management-we-no-longer-own-valeant/tab/print/

Link to Weitz Investment Update:
https://weitzinvestments.com/about/content/announcements/interimupdate11.2.15.fs
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