By: Benzinga
April 15, 2013 at 12:20 PM EDT
Elan Issues Response to Royalty Pharma Offer
The Board of Elan Corporation, plc (NYSE: ELN ) (Elan) notes this morning's announcement regarding the offer by Echo Pharma Acquisition Limited (“Royalty Pharma”) to acquire Elan's shares under Rule 2.5 of the Irish Takeover Rules. We have said consistently that we would give consideration to any formal proposal by any party for
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