U.S. District Court Denies Perrigo's Motion for Preliminary Injunction Related to Certain Mylan Disclosures

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RBC Capital Cuts Price Target on Mylan (MYL) Ahead of PRGO Acquisition Tender deadline

November 2, 2015 9:39 AM EST

RBC Capital maintained a Sector Perform rating on Mylan (NASDAQ: MYL), and cut the price target to $60.00 (from $64.00), as focus is now squarely on the 11/13 tender deadline in MYL's attempt to acquire PRGO. Lingering questions continue to surround the company.

Analyst Randall Stanicky... More

Perrigo (PRGO) Comments on Mylan (MYL) Presentation; Says it Appeared Unconvincing

October 30, 2015 3:39 PM EDT

Perrigo (NYSE: PRGO) commented on the presentation given by Mylan N.V. ("Mylan") (Nasdaq: MYL) in connection with the announcement of its third quarter 2015 earnings results. Perrigo continues to strongly recommend that its shareholders not tender into... More

Guggenheim Sidelined on Mylan (MYL) Until More Clarity on M&A Strategy, FY18 Expectations is Offered

October 30, 2015 11:28 AM EDT

Guggenheim remains Neutral on Mylan (Nasdaq: MYL) following Q3 results issued earlier Friday.

Analyst Louise Chen noted the following key points from the report:

Appointment of Ranjan Ray Chaudhuri (strong OTC experience) underscores MYL's commitment to acquiring PRGO, in our view;Strong... More

Mylan (MYL) Announces U.S. Court Denial of Perrigo's (PRFO) Preliminary Injunction Request

October 30, 2015 6:46 AM EDT

Mylan (NASDAQ: MYL) announced that the U.S. District Court for the Southern District of New York has denied the motion by Perrigo Company plc (NYSE: PRGO) for a preliminary injunction concerning Mylan's proposed acquisition of Perrigo, ruling that Mylan had provided adequate public disclosures regarding the synergies expected to be achieved from the combination.

The... More