SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 20, 2002
PERRIGO COMPANY
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(Exact name of registrant as specified in charter)
MICHIGAN 0-19725 38-2799573
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(State of other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification
Incorporation) Number)
515 Eastern Avenue, Allegan, Michigan 49010
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(616) 673-8451
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ITEM 5. Other Events
The Perrigo Company announced that it has entered into settlement agreements
with certain defendants in a civil antitrust lawsuit. The terms of the
settlements resulted in aggregate payments, net of attorney fees and expenses,
to the Company of $20.1 million on May 17, 2002, for claims against these
defendants.
In the fourth quarter of fiscal 2002, the Company will recognize a pre-tax gain
of $20.1 million. The effect on net income and earnings per share will be
approximately $12.9 million and $.17, respectively. The payments will be
included in unusual litigation in the consolidated statement of income.
The case is proceeding to trial and discovery is ongoing with the few remaining
defendants. The Company can make no prediction as to the outcome of the
litigation with these defendants.
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PERRIGO COMPANY
(Registrant)
By: /s/Douglas R. Schrank
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Dated: May 20, 2002 Douglas R. Schrank
Executive Vice President and
Chief Financial Officer