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In letter, Perrigo blasts Mylan executive over rationale for proposed merger
2015-09-10 18:35:12| Biotech - Topix.net
Ireland-based Perrigo Co., under siege by a hostile takeover effort by Mylan, this morning released a letter sent to Mylan executive chairman Robert Coury blasting his rationale for merging the two drug companies. "We are confident in our ability to deliver value well in excess of your offer through our standalone plan and our acquisition strategy," Perrigo CEO Joseph Papa wrote.
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Category:Biotechnology and Pharmaceuticals