Icahn wants all of Mylan ...
Mylan (MYL) today got an offer of $20/share for all its shares from Carl Icahn. I hope it doesn't go through - Mylan is worth much more after the recent generics M & A activity. The market doesn't seem to believe that this is a worthwhile offer either - Mylan is trading at only $19/share!
Meanwhile, 3 other generics look very attractive now -
- Ivax (IVX) : a takeover target - cheap after the recent warning.
- Andrx (ADRX) : another target - somewhat cheap.
- Teva (TEVA) : one of the biggies. Not a target, but a value play.
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