Mylan Unlikely To Crown King: $3.8 Bil. Bid In Jeopardy Over Restatement
This article was originally published in The Pink Sheet Daily
Executive Summary
Mylan does not believe it has enough time to review King’s financial restatement and “other matters” before the Feb. 28 deadline for completing the merger. However, the company left open the possibility it could renegotiate the terms of the original acquisition agreement.