Elan Corporation PLC (ELN) Provides Update on Tysabri Transaction and $1 Billion Share Repurchase
3/11/2013 11:18:51 AM
DUBLIN--(BUSINESS WIRE)--Elan Corporation, plc (NYSE:ELN) (the Company) today provides an update on the Tysabri Restructuring Transaction (“the Tysabri Transaction”) announced on February 6, 2013 and further information regarding the Company’s recently announced proposed $1billion share repurchase program. The regulatory closing conditions in connection with the Tysabri Transaction are the review process under the Hart-Scott-Rodino Antitrust Improvements Act (“HSR”) in the United States and the review by the Spanish Competition Authority in Europe.
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