1. Starboard Discloses 4.6 Percent Stake in Perrigo, Seeks Changes

    Starboard Discloses 4.6 Percent Stake in Perrigo, Seeks Changes

    Starboard discloses 4.6 percent stake in Perrigo, seeks changes Reuters Reuters Photo: (Reuters) - Starboard Value LP disclosed a 4.6 percent stake in Perrigo Co Plc , making the activist investor one of the Dublin-based drugmaker's biggest shareholders. Starboard, in a letter to Perrigo's chief executive and board on Monday, called the company "deeply undervalued." Perrigo spurned Mylan NV's takeover bid in 2015, telling shareholders that its standalone strategy would create more value...

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    1. Unfortunately, since that time, results have gone decidedly in the wrong direction, and management's promises have been woefully unfulfilled.
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