Starboard Agreement Tilts Perrigo Toward Rx Generics Sale

 
• By Malcolm Spicer

OTC private label giant agrees with Starboard, which owns around 6.7% of Perrigo's shares, to immediately add to Perrigo's board Starboard CEO Jeffrey Smith and two other members recommended by the hedge fund: former Pfizer CEO Jeffrey Kindler and Nestle USA executive Bradley Alford.

businessman and businesswoman are shaking hands and exchanging folder after agreement was reached

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