Elan Corp. (ELN) Active Following Large Block Trade; Traders Mull Market Chatter
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Elan Corp. (NYSE: ELN) shares are active following a 250,000 block trade crossing at 12:26 at the $11.11 price level.
Earlier, chatter had peerBiogen Idec (Nasdaq: BIIB) possibly making a bid for Elan, though Credit Suisse is skeptical about a near-term deal going through.
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Earlier, chatter had peerBiogen Idec (Nasdaq: BIIB) possibly making a bid for Elan, though Credit Suisse is skeptical about a near-term deal going through.
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