Perrigo (PRGO) to Acquire Omega Pharma in ~$4.5B Deal

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Go back to Perrigo (PRGO) to Acquire Omega Pharma in ~$4.5B Deal

Goldman Sachs Comment on Perrigo's (PRGO) Omega Deal and Quarterly Results

November 6, 2014 2:21 PM EST

Goldman Sachs maintained a Neutral rating on Perrigo Co. (NYSE: PRGO) with a price target of $145. Earlier Perrigo reported Q1 results and announced a deal to acquire Omega. In the view of analyst Jami Rubin, Omega is a good strategic fit, but he noted Q1 was another weak quarter.

"While we dont take a view on the likelihood of the deal closing, strategically we think the deal makes sense and as it would provide PRGO with the geographic... More

Perrigo (PRGO) Misses Q1 EPS by 4c

November 6, 2014 6:33 AM EST

Perrigo (NYSE: PRGO) reported Q1 EPS of $1.40, $0.04 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $951.5 million versus the consensus estimate of $997.9 million.

For earnings history and earnings-related data on Perrigo (PRGO) click here.

... More