Tag Archives: prgo

Should Mylan Marry Perrigo Or Teva? Street Debates

Both Mylan (MYL) and Perrigo continued to climb on the stock market Thursday as Wall Street analyzed and speculated about a possible combination of the two. A day after Mylan’s unsolicited proposal, Leerink analyst Jason Gerberry wrote in a research note that Mylan could come out ahead whether it lands Perrigo (PRGO) or not. If it doesn’t, he said, Teva Pharmaceutical Industries (TEVA) will likely succeed in its widely rumored attempts to acquire

Mylan Makes Biggest Bid Yet: $29 Billion For Perrigo

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

Mylan Bids $29 Billion For Perrigo; Stocks Jump

Generic-drug giant Mylan (MYL) announced Wednesday that it had bid $205 a share in cash and stock for sizable peer Perrigo, sending both stock soaring. Although Perrigo (PRGO) apparently hadn’t agreed to a deal, Mylan’s statement indicated they’d 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 CEO Robert Coury