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AHP Rx Redux Liability May Provide Two-Month Respite From Merger Offers

This article was originally published in The Tan Sheet

Executive Summary

American Home Products may have until the end of March to weigh its options before facing the prospect of hostile takeover offers.

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AHP Dimetapp, Robitussin PPA Withdrawals Lead To $80 Mil. Charge In 2000

American Home Products recorded an $80 mil. charge in the fourth quarter due to its removal of eight Dimetapp products and one Robitussin item in response to data linking phenylpropanolamine with hemorrhagic stroke, the company said Jan. 25.

AHP Dimetapp, Robitussin PPA Withdrawals Lead To $80 Mil. Charge In 2000

American Home Products recorded an $80 mil. charge in the fourth quarter due to its removal of eight Dimetapp products and one Robitussin item in response to data linking phenylpropanolamine with hemorrhagic stroke, the company said Jan. 25.

AHP Dimetapp, Robitussin PPA Withdrawals Lead To $80 Mil. Charge In 2000

American Home Products recorded an $80 mil. charge in the fourth quarter due to its removal of eight Dimetapp products and one Robitussin item in response to data linking phenylpropanolamine with hemorrhagic stroke, the company said Jan. 25.

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