TEVA: Son of late Teva CEO questions motivations of Mylan chairm
2015-04-28 18:56:52.96 GMT
Son of late Teva CEO questions motivations of Mylan chairman, Globes says
Mylan (MYL) Chairman Robert Coury. helped produce "bad blood" between Mylan and
Teva (TEVA) in the past, and Coury "has a lot to lose" from a Teva takeover of
his company, including private planes and cars, said Chaim Hurvitz, son of Eli
Hurvitz, the late Teva chairman and CEO, according to Globes. It was expected
that Mylan's board would oppose Teva's takeover attempt, since Coury controls
half of its board,and the "real war" will be over the support of Mylan's
shareholders, added Hurvitz, whose family owns a 1% stake in Teva. [Reference
Link]:[http://www.globes.co.il/en/article-mylan-chairman-is-uncouth-with-an-enormous-ego-1001031526]
2015-04-28 18:56:52.96 GMT
Son of late Teva CEO questions motivations of Mylan chairman, Globes says
Mylan (MYL) Chairman Robert Coury. helped produce "bad blood" between Mylan and
Teva (TEVA) in the past, and Coury "has a lot to lose" from a Teva takeover of
his company, including private planes and cars, said Chaim Hurvitz, son of Eli
Hurvitz, the late Teva chairman and CEO, according to Globes. It was expected
that Mylan's board would oppose Teva's takeover attempt, since Coury controls
half of its board,and the "real war" will be over the support of Mylan's
shareholders, added Hurvitz, whose family owns a 1% stake in Teva. [Reference
Link]:[http://www.globes.co.il/en/article-mylan-chairman-is-uncouth-with-an-enormous-ego-1001031526]