STAINES-UPON-THAMES, United Kingdom, Jan. 18, 2017 /PRNewswire/ -- In response to media reports that appeared in today's press regarding the previously disclosed U.S. Federal Trade Commission (FTC) investigation, Mallinckrodt plc (NYSE: MNK), said, "We are pleased to confirm that we have entered into a settlement agreement with the FTC staff to fully resolve this matter, subject to approval by the Commission. We will comment further at the appropriate time."

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CONTACTS

Media
Daniel Yunger or Jeffrey Taufield
Kekst
212-521-4879
daniel-yunger@kekst.com
jeffrey-taufield@kekst.com

Investor Relations
Coleman N. Lannum, CFA
Senior Vice President, Investor Strategy and IRO
314-654-6649
cole.lannum@mallinckrodt.com

Daniel J. Speciale, CPA
Director, Investor Relations
314-654-3638
daniel.speciale@mallinckrodt.com

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SOURCE Mallinckrodt plc