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Perrigo Glows From Mucinex Private Label Plan, Starboard Plug

Executive Summary

Perrigo plans to introduce two more Mucinex store brand products within six months after a series of manufacturing stumbles, CEO John Hendrickson says. The firm's private label prowess, says activist investor Jeffrey Smith, is insurance that it will grow as e-commerce grows.

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Perrigo’s Outgoing CEO Advocates OTC Switches, Starting With Statins

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Starboard Agreement Tilts Perrigo Toward Rx Generics Sale

OTC private label giant agrees with Starboard, which owns around 6.7% of Perrigo's shares, to immediately add to Perrigo's board Starboard CEO Jeffrey Smith and two other members recommended by the hedge fund: former Pfizer CEO Jeffrey Kindler and Nestle USA executive Bradley Alford.

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