Scalper1 News
Generic-drug giant Mylan announced Wednesday that it had bid $205 a share in cash and stock for sizable peer Perrigo, sending both stocks soaring. Although Perrigo (PRGO) hadn’t agreed to a deal, Mylan (MYL) indicated that the two had been talking. “This proposal is the culmination of a number of prior discussions between Mylan and Perrigo about the compelling strategic and financial logic of this combination,” Mylan Executive Scalper1 News
Scalper1 News