Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,581.00
(
1.15%
)
US TECH 100
23,552.40
(
0.14%
)
Dow Jones
46,208.47
(
1.38%
)
Brent Oil
98.06
(
1.31%
)
Bitcoin
71,137.00
(
0.33%
)
News Focus
News Focus
Post# of 257273
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 843
Posts 122807
Boards Moderated 10
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 220956

Thursday, 02/07/2019 1:49:00 PM

Thursday, February 07, 2019 1:49:00 PM

Post# of 257273
Re: ELAN’s pending full separation from LLY

LLY plans to divest its remaining ownership of ELAN via a share-swap tender offer (as PFE did with ZTS). Compared to an outright distribution, the swap offer is beneficial for ELAN insofar as LLY’s ELAN shares end up in the hands of only those investors who want them.

See #msg-146636595 for ELAN’s 4Q18 results.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today