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  "documentTitle": "Perrigo Company plc (PRGO)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
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  "presentationDate": "2016-09-12 00:00:00",
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  "notes": "This is the final page of a shareholder letter, signed by Jeffrey C. Smith.",
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      "text": "Perrigo needs real improvements and not incremental promises.",
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      "text": "We intend to immediately engage with you to understand how you plan to materially improve Perrigo’s strategy and execution for the benefit of the Company and all its shareholders.",
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      "text": "As a result of Perrigo’s continued execution issues and operational missteps, shareholders have greatly suffered. Clearly, the status quo is unacceptable to shareholders and should be unacceptable to you and the Board.",
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      "text": "Best Regards, Jeffrey C. Smith, Managing Member, Starboard Value LP",
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      "text": "We believe that Perrigo trades at a significant discount to fair value and that there is substantial value to be created at Perrigo for the benefit of all its shareholders.",
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