Sunday March 29, 2020

Elan chairman writes to shareholders to rally support

Elan chairman Robert Ingram has issued a letter to shareholders urging them to vote in favour of all four resolutions ahead of the company’s extraordinary general meeting on June 17th.

11th June, 2013
Elan is seeking to fend off an unwanted takeover approach.

Elan chairman Robert Ingram has issued a letter to shareholders urging them to vote in favour of all four resolutions ahead of the company’s extraordinary general meeting on June 17th.

Such a vote is crucial for the current management team as its seeks to fend off the latest unwanted takeover approach from Royalty Pharma. That company is urging shareholders to reject the resolutions so as to stymie the plans Elan management has for...

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