Perrigo (PRGO) plans to aggressively buyback stock at the open - CNBC

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Mylan Announces Results of Offer to Acquire Perrigo and Lapse of Offer

November 13, 2015 8:39 AM EST

HERTFORDSHIRE, England and PITTSBURGH, Nov. 13, 2015 /PRNewswire/ -- Mylan N.V. (NASDAQ: MYL; TASE) today announced that its offer to acquire all of the issued and to be issued share capital of Perrigo Company plc (NYSE: PRGO; TASE) has lapsed.

As of 8:00 AM Eastern Time on November 13, 2015, 58,040,150 Perrigo ordinary shares, representing approximately 40 percent of outstanding Perrigo ordinary shares, were validly tendered in the offer. Accordingly, the acceptance condition to the offer, as outlined in the September 14, 2015 Offer to Exchange / Prospectus, has not been satisfied and the offer has lapsed in accordance with its terms.... More