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Elan Wins Injunctions, But Hostile Bidder Gets ISS Support

By Liz Hoffman (June 4, 2013, 7:33 PM EDT) -- Monday was a big day in the battle for Elan Corp. PLC. The drug company won injunctions in New York and Ireland temporarily halting Royalty Pharma Inc.'s takeover efforts, while proxy adviser ISS Inc. threw its support behind the hostile bidder....

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