Headline Details

UPDATE 2-Mallinckrodt sells unit for up to $250 mln, sees path forward to settle opioid lawsuits

Published on: Tue, 10 Sep 2019 16:14:23 UTC
News Agency: Reuters
Mallinckrodt Plc shares surged more than 50% on Tuesday after it agreed to sell its contract manufacturing unit to reduce debt and its chief executive officer raised hopes that the company could reach a global settlement to resolve all opioid litigation.

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