Deals
Perrigo CEO Owns Mylan Stake as He Fends Off Its Hostile Bid
- CEO bought $221,568 of Mylan shares in March, filing indicates
- Papa's stake in Mylan has turned negative since purchase
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Perrigo Co. Chief Executive Officer Joe Papa is trying to fend off a takeover by generic drugmaker Mylan NV. He’s also a Mylan shareholder.
Papa held 4,965 shares of Mylan as of Sept. 11, 3,840 of which he acquired on March 12, according to a regulatory filing from Perrigo Thursday. He paid $221,568 for the March stake, according to the filing.