Billionaires Can’t Live Without These 10 Stocks

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  1. Perrigo Company Public Limited Company (NYSE:PRGO)
  • Billionaires with Long Positions (as of June 30): 15
  • Aggregate Value of Billionaires’ Holdings (as of June 30): $1.93 billion

Billionaire ownership in Perrigo Company Public Limited Company (NYSE:PRGO) rose substantially during the second quarter, as the company was on the receiving end of a takeover bid from Mylan NV (NASDAQ:MYL), which it rejected. Billionaire ownership was up by 11 and the value of their holdings gained almost $1.70 billion as they piled into the stock on the news. Perrigo continues to reject Mylan’s advances however, and its shares are off by more than 10% from when Mylan’s first offer was revealed, in early April. James Dinan of York Capital Management and Daniel S. Och of OZ Management were among the billionaires to take new positions in the stock during the second quarter.

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