Elan Corporation, plc (ELN) Message Board

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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Robohogs who wrote (10197)	9/4/2009 9:38:57 AM
From: fred hayes	1 Recommendation Read Replies (1) of 10345

'morning Jon. Good point, and maybe I'm being too casual about this. Am I wrong when I say that, in event of change of control at BGEN, it's safe to assume that Elan and JNJ would be able to structure a deal that meets the legal requirements? In any case, maybe this whole issue is overblown. The deal between Elan and Biogen has mechanisms to assure a reasonable price for the half of Ty that's being transferred. So it's not like someone is going to get a big windfall as a result of COC. The issue I may have overlooked is that this might open up Elan to having to give JNJ a better deal in conjunction with fixing the agreement? Depends on how important the offending wording is to JNJ. fred

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