Teva May Raise Offer for Mylan to Range of $86 to $88 a Share -Bloomberg
07 July 2015 - 3:06AM
Dow Jones News
Teva Pharmaceutical Industries Ltd. (TEVA.TV, TEVA), which
launched a $40 billion bid for Mylan NV (MYL) in April, plans to
increase the value of its offer, Bloomberg News reported Monday,
citing people with knowledge of the matter.
Teva's offer is worth $82 a share. Bloomberg reported that a new
bid may be worth $86 to $88 a share.
The new offer could be announced this week, Bloomberg
reported.
Full story at
http://www.bloomberg.com/news/articles/2015-07-06/teva-said-planning-to-raise-mylan-bid-to-86-88-share-this-week
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