Mylan’s Stichting: Will It Work?

What the heck is a stichting? Mylan (MYL) set up this poison-pill-like legal structure – in English it means “foundation” – after reincorporating in the Netherlands last year. Stichings have the option to buy stock in their patent company, protecting it from a hostile takeovers. Thus enter Teva Pharmaceuticals (TEVA). As of Thursday, the Israeli [...]