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Mead Johnson Confirms $16.7B Bid From Reckitt Benckiser

By Chelsea Naso (February 2, 2017, 3:31 PM EST) -- Mead Johnson Nutrition Co., which is behind brands such as infant formula Enfamil, confirmed late Wednesday that British consumer products maker Reckitt Benckiser Group PLC approached it with a roughly $16.7 billion takeover offer, after media reports about a potential deal began to swirl....

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