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BRIEF-Mead Johnson to pay Reckitt Benckiser $480 mln in case of termination of deal
February 13, 2017 / 1:27 PM / 10 months ago

BRIEF-Mead Johnson to pay Reckitt Benckiser $480 mln in case of termination of deal

Feb 13 (Reuters) - Mead Johnson Nutrition Co

* Mead Johnson Nutrition Co - Company must pay Reckitt a termination fee equal to $480 million if deal is terminated under certain circumstances

* Mead Johnson Nutrition - If deal’s terminated by co or Reckitt Benckiser because co’s stockholder approval wasn’t obtained, co to pay fee subject to cap of $20 million Source text for Eikon: Further company coverage:

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