Botox maker Allergan Plc is betting on aesthetics with the $2.48 billion acquisition of fat-chilling device maker Zeltiq Aesthetics Inc., doubling down on a lucrative industry where patients pay mostly in cash for products and services. The purchase price is $56.50 a share in cash, the companies said Monday in a statement, a 14 percent premium to Pleasanton, California-based Zeltiq’s closing price Friday of $49.40.
Category: Pleasanton, CA
Pleasanton: Ex-employee claims Versace store used a codea for black customers
A former employee at Versace’s outlet store here is suing the global retailer for discriminatory practices, alleging that employees of the store used a “code” to notify each other when black customers walked into the store. Christopher Sampino, 23, the plaintiff in the case, alleged in the lawsuit that he was fired around Oct. 1 for being mixed race after working at the store for two weeks.