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Thursday, June 20, 2019

Perrigo RX unit sale talks cool – Dealreporter

DealReporter sources say Perrigo’s (NYSE:PRGO) sale talks for its RX unit have gone quiet because no bidder has met PRGO’s price expectations.
Only one PE bidder remains, and if the bid isn’t raised, Perrigo could pull the sale offer.
Source: Bloomberg.
PRGO shares are up 0.5% after hours to $43.50.

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