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Mylan Floats Options To Control Perrigo As A Subsidiary, Delist Its Shares

This article was originally published in The Tan Sheet

Executive Summary

Perrigo’s latest appeal for shareholders to reject a potential offer noted Mylan would delist Perrigo shares. Mylan says it “remains fully confident” more than 80% of Perrigo ordinary shares would vote to accept a takeover offer, but it is “fully committed and prepared to operate Perrigo as a controlled subsidiary.”

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