Perrigo leveraged buyout
Executive Summary
Agreement between Perrigo management and parent company, Grow Group, to take the OTC private label manufacturer private again for $ 55.8 mil. has been terminated. Grow says it is "continuing discussions" with the Perrigo management group "concerning the possible sale of Grow's Perrigo subsidiary." The leveraged buyout agreement, announced March 24, had been scheduled for completion on March 31 ("The Pink Sheet" March 28, T&G-1).