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Tag: perrigo
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
Perrigo trying to fend off hostile takeover through litigation
2015-09-20 05:40:18| Biotech - Topix.net
Perrigo, one of Allegan County's largest employers, is going beyond just telling their stock holders to reject the latest hostile takeover bid from Mylan. They have filed a lawsuit in federal court in New York against the Pittsburgh-based generic drug firm, claiming their offer misleads investors.
Tags: litigation
hostile
takeover
fend
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
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.
Tags: letter
executive
proposed
merger