Perrigo Urges Its Shareholders To Reject Offer From Mylan - Quick Facts

(RTTNews) - Perrigo Company plc (PRGO) issued a shareholder letter, in which the company's Board strongly and unequivocally recommended to do not tender shares into Mylan's offer. Perrigo said the conditional and vague nature of Mylan's announcement demonstrates its motivations.

Separately, Marc Coucke, Perrigo Board member, said: "I believe that Mylan's Executive Chairman made comments about me recently. I do not appreciate anyone speaking on my behalf, especially when it is misleading and inaccurate. Second, I support the unanimous decision of Perrigo's Board of Directors in strongly recommending that Perrigo shareholders NOT tender their shares into Mylan's offer."