This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Perrigo Company To Acquire Elan Corporation, Plc For US$8.6 Billion, Establishing Premier Global Healthcare Company

Conditioned only upon the prior consummation and implementation of the Scheme and the Acquisition, an indirect subsidiary of New Perrigo (“Merger Sub”), will merge with and into Perrigo, as a result of which the separate corporate existence of Merger Sub will cease and Perrigo will continue as the surviving corporation as a wholly owned indirect subsidiary of New Perrigo. At the Effective Date, all Perrigo shares will be cancelled and each Perrigo share will automatically be converted into the right to receive one New Perrigo share and US$0.01 in cash.

For more information:  

Elan Investor Relations:
Chris Burns +1-800-252-3526
David Marshall +353-1-709-4444
Elan Media Relations:
Emer Reynolds +353-1-709-4022
Financial Advisors to Elan:
Chris Hite +1-212-816-1818
Eugenée Mulhern +353-1-679-6363
Morgan Stanley
Colm Donlon +44-20-7425-8000
Michael Tory +44-20-7082-8750
PR Advisors to Elan:
Sutton Belmont
Jonathan Birt +44-78-6036-1746
FTI Consulting
Susan Stuart +44-20-7269-7169
Sard Verbinnen & Co
Jamie Tully +1-212-687-8080

Perrigo Investor Relations

Arthur Shannon

Bradley Joseph +1-269-686-3373
Financial Advisor to Perrigo:
Punit Mehta +1-212-526-7000
Derek Shakespeare +44-20-7773-2500
PR Advisors to Perrigo:
FTI Consulting
Mark McCall +1-212-850-5641
David Roady +1-212-850-5632

The Perrigo directors accept responsibility for all the information contained in this announcement other than information relating to Elan and its subsidiary undertakings, the directors of Elan and members of their immediate families, related trusts and persons connected with them. To the best of the knowledge and belief of the Perrigo directors (who have taken all reasonable care to ensure that such is the case), the information in this announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.

6 of 16

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,799.50 -13.89 -0.08%
S&P 500 2,091.86 +2.99 0.14%
NASDAQ 5,131.1160 +14.9730 0.29%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs