SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today's Transactions:
Perrigo Buys Pet Medication Co. for $160M

The target, Velcera, makes PetArmor flea and tick preventive medicine

Perrigo Co. (Nasdaq: PRGO) will acquire Velcera, a company that makes animal health products, for $160 million in cash.

Yardley, Pa.-based Velcera offers pet health products through its FidoPharm subsidiary, including PetArmor flea and tick preventive medicine, and other products.

Perrigo makes prescription and over-the-counter medication. In December, the company closed a deal for Cobrek Pharmaceuticals Inc. for $45 million.  The company, headquartered in Allegan, Mich., develops Aller-Ease, Nicotine Gum and Clear Lax.

Morgan Lewis & Bockius LLP served as legal counsel to Perrigo on the deal.

In September, Bayer AG agreed to buy Teva Pharmaceutical Industries Ltd.'s (NYSE: TEVA)'s health business for $145 million. 

 

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