John Paulson’s Paulson & Co increased its stakes in Mallinckrodt PLC (MNK) by 13%, spending more than $57 million in stock.
Between May 7 and May 9, 2014 the fund acquired 786,207 ordinary shares, at prices ranging from $72.91 per share to $76.99, and now owns more than 6.72 million shares –up from 5.94 million held previously.
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