Perrigo rejects Mylan’s takeover bid, saying it undervalues the company
Ireland-headquartered drugmaker Perrigo (NYSE: PRGO) has issued a statement rejecting the unsolicited takeover attempt from Netherlands-headquartered generics major Mylan (Nasdaq: MYL), confirming the view of analysts when the offer was made, that Mylan will have to dig deeper into its pockets if a deal is to be struck.
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