Royalty Pharma Increases Its Bid for Elan to $7.3B
By Cormac Sheridan
Wednesday, April 17, 2013
DUBLIN, Ireland Royalty Pharma upped the ante in its efforts to land Elan Corp. plc by raising its bid to $12 per share, an offer that values the Dublin, Ireland-based biotech at around $7.3 billion.
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