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PERRIGO COMPANY ANNOUNCES FILING OF REGISTRATION STATEMENT FOR PUBLIC OFFERING OF COMMON STOCK

 ALLEGAN, Mich., Sept. 23 /PRNewswire/ -- The Perrigo Company (NASDAQ-NMS: PRGO) announced today that it has filed a registration statement with the Securities and Exchange Commission covering the proposed public offering of 13 million shares of Common Stock. All of the shares will be offered by certain selling shareholders, with approximately two-thirds of the shares to be offered on behalf of The Hillman Company. None of the proceeds from the sale of Common Stock will go to the company.
 J.P. Moran Securities Inc., Morgan Stanley & Co. Incorporated, Smith Barney Shearson Inc., and Dean Witter Reynolds Inc. will manage the underwriting group. Selling shareholders will grant the underwriters an over-allotment option to purchase an additional 1,950,000 shares.
 Perrigo Company is the nation's largest manufacturer of over-the- counter (non-prescription) pharmaceuticals and personal care products for the store brand market. Store brand products are sold under a retailer's own label and compete with nationally advertised brand name products. The company's customers are major national and regional retail drugstore, supermarket and mass merchandise chains and major wholesalers. The company's products include over-the-counter pharmaceuticals (such as analgesics, cough and cold remedies, antacids, laxatives, suppositories, feminine hygiene, and diet products), personal care products (such as toothpaste and mouthwash, hair care products, deodorants and antiperspirants, baby care products, and skin care and sun care products) and vitamins.
 A copy of the prospectus relating to this offering can be obtained from J.P. Morgan Securities Inc., 60 Wall Street, New York, NY 10260, Attention: Syndicate Operations.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 9/23/93
 /CONTACT: Thomas J. Ross, director of investor relations of Perrigo Company, 616-673-9125/
 (PRGO)


CO: Perrigo Company ST: Michigan IN: MTC SU: OFR

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Publication:PR Newswire
Date:Sep 23, 1993
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