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Going to the mat

14 Aug 2015 By Reynolds Holding

The drugmaker deftly blocked Teva’s $40 bln offer with a uniquely Dutch poison pill and a bold move to disqualify the suitor’s lawyers. Now it’s exploiting Ireland’s odd takeover rules to put Perrigo in a $34 bln chokehold. Clever defensive tactics will be needed to evade Mylan.

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