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Elan (ELN) Will Be a Buyer Not a Seller, Unless Offer Nears $20/Sh - Jefferies

Go back to Elan (ELN) Will Be a Buyer Not a Seller, Unless Offer Nears $20/Sh - Jefferies

Leerink Swann Upgrades Elan Corp (ELN) to Market Perform

February 25, 2013 9:20 AM EST

Leerink Swann upgraded Elan Corp (NYSE: ELN) from Underperform to Market Perform.

For an analyst ratings summary and ratings history on Elan Corp click here. For more ratings news on Elan Corp click here.

Shares of Elan Corp closed at $10.60 yesterday, with a 52 week range of $9.37-$15.27.... More

Elan Corp (ELN) Up 9% on Takeover Bid

February 25, 2013 6:55 AM EST

Elan Corp (NYSE: ELN) is trading up 9 percent to $11.60/share early Monday after receiving an $11/share takeover bid from Royalty Pharma.... More

RP Management Bids $11/Share for Elan Corp (ELN)

February 25, 2013 6:06 AM EST

RP Management, LLC ("Royalty Pharma") today announces that contact was made on Monday February 18, 2013 with the Chairman of the Board of Elan Corporation, plc (NYSE: ELN) ("Elan"), followed by a meeting then taking place on Wednesday February 20, 2013, at which an indicative proposal was made to acquire the entire issued and to be issued share capital of Elan (the "Proposal").

Royalty Pharma is proposing, on an indicative basis, to make an offer for Elan (the "Possible Offer") of US$11[1] for every Elan Share and every Elan ADS.

While Royalty... More