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Elan (ELN +1.3%) spiked a bit just before the close after Reuters reported Allergan (AGN +1.2%)...

Jul. 12, 2013 4:19 PM ETElan Corporation, plc (ELN) StockELN, AGN, FRX-OLDBy: Eric Jhonsa, SA News Editor3 Comments
Elan (ELN +1.3%) spiked a bit just before the close after Reuters reported Allergan (AGN +1.2%) and Forest Labs (FRX +0.3%) remain interested in the company, which will seek first-round bids next week. Mylan and Endo Health are reportedly no longer interested. Allergan and Forest are said to be considering bids due to Ireland's low corporate tax rates. (previous)

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