No Immediate Impact Seen on Mylan (MYL), Perrigo (PRGO) Ratings Following Deal Announcement - Moody's
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Moody's Investors Service commented on Mylan's (Nasdaq: MYL) proposal to acquire Perrigo (NYSE: PRGO) for $205 per share in cash and Mylan stock, for a total transaction value of nearly $30 billion. At this time, the announcement has no impact on the Baa3 ratings or stable outlook of either Mylan or Perrigo.
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