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Perrigo Announces Agreement To Sell Generic Rx Business For $1 55 Billion In Total Consideration

Share this article Share this article DUBLIN, March 1, 2021 /PRNewswire/  Perrigo Company plc (NYSE; TASE: PRGO), a leading global provider of Consumer Self-Care Products, announced today that it has reached a definitive agreement to sell its Generic Rx Pharmaceuticals business to Altaris Capital Partners, LLC for total consideration of $1.55 billion, including $1.5 billion in cash, subject to customary adjustments. As part of the consideration, Altaris will also assume more than $50 million in potential R&D milestone payments and contingent purchase obligations with third-party Rx partners. Perrigo CEO and President Murray S. Kessler commented, The sale of our Generic Rx business is the most impactful step in Perrigo s transformation plan. This transaction establishes Perrigo as a pure-play global consumer self-care company with industry leading fundamentals. Perrigo Consumer Self-Care will have a focused portfolio with over $4 billion in revenues focused on the growing tre

As The SEC Gears Up For Mandatory Climate Disclosure, So Does California - Corporate/Commercial Law

CounterPath Corporation: CounterPath Completes Closing of Acquisition by Alianza

CounterPath Corporation: CounterPath Completes Closing of Acquisition by Alianza VANCOUVER, BC / ACCESSWIRE / March 1, 2021 / CounterPath Corporation ( CounterPath or the Company ) (NASDAQ:CPAH)(TSX:PATH), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, today announced the completion of the closing of the previously announced merger contemplated by the Agreement and Plan of Merger, dated as of December 6, 2020, with Alianza, Inc. ( Alianza ) and CounterPath Merger Sub, Inc. ( Merger Sub ), under which CounterPath became a wholly owned subsidiary of Alianza. CounterPath stockholders are entitled to receive US$3.49 in cash, without interest, for each share of CounterPath common stock that they held immediately prior to the effective time of the merger, implying an approximate merger consideration of US$25.6 million.

Franklin Street Properties Corp Announces Lease Extension with CITGO Petroleum Corporation

Franklin Street Properties Corp. ("FSP", "its", "our" or "we") (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a lease amendment with existing tenant CITGO Petroleum Corporation at its Eldridge Green property in Houston, Texas. The amendment extends the primary term of CITGO’s approximately 250,000 square foot headquarters lease by approximately 11 years, from February 28, 2022 to March 31, 2033.

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