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Why the Mylan Perrigo Deal Fell Through and What to Expect Next
The Mylan Perrigo deal hit another snag today (Friday) after Perrigo shareholders voted against Mylan's $26 billion offer.
Netherlands-based Mylan NV (Nasdaq: MYL) made a public offer for Dublin-based Perrigo Co. (Nasdaq: PRGO) in April and embarked on a hostile takeover when its bid was rejected.
Here's what the failed deal means for both drug companies....
The Mylan Perrigo deal hit another snag today (Friday) after Perrigo shareholders voted against Mylan's $26 billion offer.
Netherlands-based Mylan NV (Nasdaq: MYL) made a public offer for Dublin-based Perrigo Co. (Nasdaq: PRGO) in April and embarked on a hostile takeover when its bid was rejected.
Here's what the failed deal means for both drug companies....