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Long: Takeover attempt of Perrigo unlikely in the ...

2015-11-17 21:29:37| Biotech - Topix.net

A west Michigan business analyst says he's not expecting any new hostile takeover attempts of generic drug-maker Perrigo in the near-future, after Mylan's bid for the Irish-based, Allegan-founded company failed last week. Dr. Brian Long with Grand Valley State University said Perrigo is taking steps to fend off companies like Mylan by purchasing about $2 billion of its own stock.

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Category:Biotechnology and Pharmaceuticals

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