Elan voluntarily dismisses U.S. lawsuit against RoyaltyNEW YORK (Reuters) - Irish drug firm Elan Corp Plc voluntarily dismissed its U.S. lawsuit against Royalty Pharma , the U.S. investment firm which increased its offer to take over Elan last week, a court filing showed on Monday. In a filing in U.S. District Court in Manhattan, Elan said it was dismissing the lawsuit with prejudice, meaning it cannot refile it. It gave no reason for dropping the case. A hearing had been set for Tuesday. ...
Source: Elan voluntarily dismisses U.S. lawsuit against Royalty (http://news.yahoo.com/elan-voluntarily-dismisses-u-lawsuit-against-royalty-184745158.html)