Perrigo Said to Be Nearing Deal

The transcript discusses the market's reaction to rumors of a British company nearing a $20 billion acquisition deal for Perrigo. Despite a 10% rise in shares, investors remain skeptical due to Perrigo's current market value of $15.5 billion. The company recently appointed a new CEO after Joe Papa left for Valeant, and issued a profit warning, with shares down 40% over the past year. Previously, Perrigo resisted a $27 billion bid from Mylan, but the current situation may lead to different outcomes.

What is the market value of Perrigo mentioned in the text?

What are the three main reasons mentioned for the potential change in Perrigo's situation?

Who was the chief executive of Perrigo that left for Valeant?

What was the percentage drop in shares of Perrigo over the last 12 months?

What was the bid amount from Mylan for Perrigo?