Perrigo to buy Elan for $8.6B, seeks tax savings

Associated Press
Perrigo to buy Elan for $8.6B, seeks tax savings

FILE- This Oct. 30, 2003, file photo shows drugs, vitamins and other Perrigo products on the shelves of the Perrigo Store in Allegan, Mich. U.S. drugmaker Perrigo agreed Monday, July 29, 2013, to buy Ireland's Elan for $8.6 billion in a deal that should allow the company to reduce its tax bill and boost its royalty stream. (AP Photo/James Prichard, File)

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