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

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Stifel Upgrades Perrigo Co. (PRGO) to Buy

November 13, 2015 1:31 PM EST

Stifel upgraded Perrigo Co. (NYSE: PRGO) from Hold to Buy with a price target of $195.00.

For an analyst ratings summary and ratings history on Perrigo Co. click here. For more ratings news on Perrigo Co. click here.

Shares of Perrigo Co. closed at $156.55 yesterday.

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Perrigo (PRGO) Comments on Results of Tender Offer; Will Commence $2B Stock Buyback

November 13, 2015 9:24 AM EST

Perrigo (NYSE: PRGO) responded to the news that holders of a majority of its shares rejected Mylan's hostile tender offer, thereby expressing confidence in Perrigo's long-term strategy, vision, and management plans for the future. Shareholders holding over 60% of Perrigo's outstanding shares refused to tender into Mylan's inadequate offer by today's 8 A.M. ET deadline.

Joseph C. Papa, Perrigo Chairman and CEO, stated, "We have... More

Mylan's (MYL) Bid to Acquire Perrigo (PRGO) Fails as Fewer than 50% of Shares Tendered

November 13, 2015 8:42 AM EST

(Updated - November 13, 2015 8:44 AM EST)

Mylan (Nasdaq: MYL) announced that its offer to acquire all of the issued and to be issued share capital of Perrigo Company plc (NYSE: PRGO;) 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. As the offer has... More