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DewDiligence

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DewDiligence

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Re: DewDiligence post# 9599

Thursday, 01/29/2015 6:04:51 PM

Thursday, January 29, 2015 6:04:51 PM

Post# of 29400
98% of MYL shareholders endorse “spinversion” into a new Netherlands-based company derived from part of ABT:

http://www.sec.gov/Archives/edgar/data/69499/000119312515025838/d859790dex991.htm

As a reminder… ABT will obtain a 22% equity stake in new Mylan as consideration for ABT’s existing branded-generics business in Europe, Japan, Canada, Australia, and New Zealand. ABT is retaining its branded-generics business in India, China, Latin America, Russia, and all other emerging markets.

New Mylan will trade under the same ticker (MYL), but the transaction is expected to be a taxable event for MYL shareholders.

ABT plans to monetize its newly obtained MYL shares within the next year or so.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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