TITLE

Royalty Pharma Increases Its Bid for Elan to $7.3B

AUTHOR(S)
Sheridan, Cormac
PUB. DATE
April 2013
SOURCE
BioWorld International;4/17/2013, Vol. 18 Issue 16, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Royalty Pharma increased its bid for biotechnology firm Elan Corp. plc to 12 U.S. dollars per share. The increased offer follows a general meeting held by Elan in Dublin, Germany, at which shareholders approved a one billion U.S. dollar share buyback. The author also considers the issues surrounding Royaty Pharma's offer for Elan.
ACCESSION #
87065839

 

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