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ScarAway Buy Builds Perrigo Value, But Not A Wall Against Mylan

This article was originally published in The Tan Sheet

Executive Summary

Perrigo’s acquisition of the ScarAway brand is not enough to ward off Mylan’s hostile takeover bid but it could be one of several in the near term that would add more value in an attempt to deter Mylan. A large deal likely would be more effective, but Irish securities regulations limit Perrigo’s options with Mylan’s tender pending.



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