Mallinckrodt (MNK) Announces Agreement in Principle for Global Opioid Settlement and Associated Debt Refinancing Activities

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Go back to Mallinckrodt (MNK) Announces Agreement in Principle for Global Opioid Settlement and Associated Debt Refinancing Activities

Teva (TEVA), Endo (ENDP) Trade Higher in Sympathy with Mallinckrodt (MNK) Following Opioid Settlement Agreement

February 25, 2020 8:22 AM EST

Teva (NYSE: TEVA), Endo (NASDAQ: ENDP) Trade Higher in Sympathy with Mallinckrodt (NYSE: MNK) Following Opioid Settlement Agreement

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Mallinckrodt (MNK) Tops Q4 EPS by 35c

February 25, 2020 6:13 AM EST

Mallinckrodt (NYSE: MNK) reported Q4 EPS of $2.40, $0.35 better than the analyst estimate of $2.05. Revenue for the quarter came in at $804.9 million versus the consensus estimate of $772.52 million.

As separately announced today, reached an agreement in principle for a global settlement with a... More

Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

February 24, 2020 2:48 PM EST

(Reuters) - Mallinckrodt Plc (NYSE: MNK) is finalizing a settlement proposal of at least $1.6 billion that would place its U.S. generic drug business into bankruptcy to address the debt maturities and liabilities arising out of the opioid crisis, the Wall Street Journal reported on Monday.

The proposed deal includes a Chapter 11 filing covering the generics unit and a... More

Teva (TEVA), Endo (ENDP) Weakness Tied to Mallinckrodt (MNK) Bankruptcy Report

February 24, 2020 2:40 PM EST

Weakness in Teva Pharma (NYSE: TEVA) and Endo International (NASDAQ: ENDP) Monday afternoon was said to be tied in part to rumors peer Mallinckrodt (NYSE: MNK) is in creditor talks ahead of a potential bankruptcy of its U.S. generics business.

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