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Elan acquires Dura Pharmaceuticals for $1.69bn
04 Oct 2000
Executive Summary
Elan has acquired Dura Pharmaceuticals (respiratory pharmaceuticals) in a tax-free, stock-for-stock transaction valued at $1.69bn. Dura shareholders will receive 0.6715 of an Elan ADS in exchange for one share, or $37.85, a (pr)38% premium based on the market average.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Drug Delivery
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Stock
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Elan acquires Dura Pharmaceuticals for $1.69bn
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