
The Acquisition Battle Continues with Another Perrigo Rejection
Perrigo rejected Mylan’s second proposal for an acquisition valued at more than $34 billion, saying that the offer was too low to consider.
On April 29, 2015 Mylan announced that it would up its offer to Perrigo from its
“Based on Mylan’s unaffected price of $55.31 per share on March 10, 2015, the last day of trading prior to widespread public speculation that Teva was considering an offer for Mylan, the value of the revised offer is $202.20 per Perrigo share,” Perrigo said in a press release.
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