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Tag: mylan
Perrigo steps up effort vs. drug giant Mylan; Huntington Bank 2nd-largest SBA lender
2015-10-24 03:37:51| Biotech - Topix.net
Perrigo Co. will cut about 800 jobs, or about 6 percent of its global work force, and buy back some $2 billion of its shares as it streamlines operations and seeks to boost shareholder returns in the face of a hostile takeover bid by generic drug giant Mylan.
Governor Snyder Throws Support Behind Perrigo's Fight with Mylan
2015-10-21 12:58:45| Biotech - Topix.net
Add Governor Snyder's voice to those of Perrigo management in urging shareholders to reject a purchase bid by Mylan. The Dutch-based generic drug maker has spent much of this year attempting a hostile takeover of the Irish-based, Allegan-operated firm, and made a direct 75-dollar, 2.3-share offer, looking to capture 55 percent of the shares.
Tags: support
fight
governor
throws
Mylan countersues Perrigo over 'misstatements' abo...
2015-09-23 01:27:02| Biotech - Topix.net
Mylan NV countersued Perrigo Company Plc on Tuesday over "serious misstatements" it made related to the generic and over-the-counter drugmaker's unsolicited $27 billion tender offer. In a filing in Manhattan federal court, Mylan sought a court order requiring Perrigo to correct "false and misleading statements" it made as part of an effort to prevent any merger.
Tags: misstatements
mylan
perrigo
countersues
Mylan launches Perrigo bid; special Heinz mustard sale; IRS banning big checks
2015-09-15 06:14:28| Food - Topix.net
Local generic drugmaker Mylan formally launched its hostile takeover bid for Perrigo Co. on Monday by taking its offer directly to Perrigo shareholders.
Mylan targets Perrigo shareholders in latest generics mega-merger attempt
2015-09-14 23:16:14| Biotech - Topix.net
Mylan has been looking to acquire generics and OTC drugmaker Perrigo since it launched a hostile bid in April . Last week Mylan said in a letter "shareholders will receive $75 per share in cash, and own approximately 40% of the new powerhouse company created by the combination," and today has formalised this offer, which values Perrigo at just over $27bn .
Tags: latest
attempt
targets
shareholders
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