The Ticker / Perrigo Board Unanimously Rejects Mylan Takeover Bid

Maytronics slates new plant as hot weather boosts sales; Can-Fite shares soar after U.S. fast tracks liver drug development.

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Perrigo’s board voted unanimously Thursday to reject the takeover bid launched by Mylan this week, saying the offer “substantially” undervalued Perrigo and its “exceptional” growth prospects.