Perrigo rallies after Bloomberg says Irish expansion may be shelved

Shares of Perrigo are moving higher after Bloomberg’s Cristin Flanagan and Doyle reported that the company is considering shelving its plans in expand in Ireland. Following a $1.8B tax liability from Irish authorities, Perrigo is reviewing its plans to add jobs in Dublin, a source familiar with the matter told the reporters. Shares of the drugmaker are up 3%, or $1.16, to $45.06 following the report.

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