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Elan Corporation (ELN)
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ELN » Topics » control of Elan, subject to customary exceptions.

This excerpt taken from the ELN 6-K filed Sep 29, 2009.
control of Elan, subject to customary exceptions.

Johnson & Johnson’s shareholdings in us and its AIP interest may discourage or prevent a third party from acquiring us and could prevent our shareholders from receiving a premium for their shares. In addition, Johnson & Johnson and its affiliates (being for the purposes of the standstill arrangement, any entity directly or indirectly controlling, or controlled by, Johnson & Johnson, or any entity which is under direct or indirect common control with Johnson & Johnson (control in any such case meaning possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such entity)) are restricted from seeking to acquire us until September 17, 2014, except to the extent that Johnson & Johnson and its affiliates are released from its standstill arrangement.


 
 
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