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Mylan created Dutch-style poison pill to protect itself

2015-05-02 11:52:23| Biotech - Topix.net

Mylan's recent reincorporation in the Netherlands was part of the generic drugmaker's strategy to reduce its global tax bill. But the shift, accomplished while keeping its operational headquarters in Cecil, came with another benefit: a European-style poison pill that could help Mylan thwart a hostile, $43 billion takeover bid from Israeli drugmaker Teva Pharmaceutical Industries.

Tags: created protect pill poison

Category:Biotechnology and Pharmaceuticals

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