Royalty Pharma has issued an offer document that confirms the offer price of $1B Dutch Auction share repurchase clearing price of $11.25 per Elan Share. Royalty Pharma believes this clearing price validates Royalty Pharma's earlier statement that the Dutch Auction price range was set artificially high.
Stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed …