Top Stories

Mylan delays merger with Upjohn due to COVID-19 pandemic

By By Paul J. Gough – Reporter, Pittsburgh Business Times

WPXI MYLAN Mylan NV's corporate center at Southpointe. (Paul. J. Gough)

By By Paul J. Gough – Reporter, Pittsburgh Business Times

PITTSBURGH — The Mylan NV-Upjohn merger is being pushed back into the second half of 2020 due to the COVID-19 global pandemic.

Mylan NV (Nasdaq: MYL) and Pfizer Inc. (NYSE: PFE), which owns Upjohn, announced Thursday that COVID-19 is moving the expected merger date from the first half of the year and Mylan’s meeting of shareholders to approve it is being moved from April 27 to June 30.

Read more in the Pittsburgh Business Times.

TRENDING NOW:

  • LIVE UPDATES: Coronavirus in Pennsylvania: What you need to know Thursday
  • Pa. grocery store tosses $35,000 worth of food after woman intentionally coughs on food
  • Coronavirus: What is in the $2 trillion stimulus bill; the $1,200 check explained
  • VIDEO: UPMC healthcare workers using a lot more masks, donations needed
  • DOWNLOAD the Channel 11 News app for breaking news alerts

    • Attorney generals in 32 states, including Pa., cracking down on price gouging Attorney generals in 32 states, including Pa., cracking down on price gouging


    © 2020 Pittsburgh Business Times

    Most Read