Mallinckrodt Pharmaceuticals and Endo announce $6.7B merger
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Mallinckrodt Pharmaceuticals and Endo Inc have announced a merger agreement to form a larger pharmaceuticals company valued at $6.7 billion. Both companies have faced financial challenges due to opioid-related lawsuits and bankruptcy filings.
March 13, 2025 | 2:30 pm
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Mallinckrodt Pharmaceuticals is merging with Endo Inc to form a $6.7 billion company. This merger aims to address financial challenges from opioid lawsuits and past bankruptcies.
The merger is a strategic move to create a more robust entity, potentially improving financial stability and market position. This could positively impact Mallinckrodt's stock in the short term.
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