2 Red Alerts On Bausch Health Companies

Bausch Health Companies Overview Harvard Zhang, a Deputy Managing Editor of Reorg.com, posted at 10:26 a.m. on July 24 that "Bausch Health is negotiating a potential prepackaged chapter 11 bankruptcy filing." In the early afternoon, Bausch Health responded to the misleading post. The firm said that the article contained unsubstantiated rumors that included considering a bankruptcy or insolvency proceeding. BHC investors should not expect the firm would sue the reorg site for the posting. Bausch wrote, "We u ...