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Elan Provides Update on Tysabri Transaction and $1bn Share Repurchase

DUBLIN--(BUSINESS WIRE)--Elan Corporation, plc (NYSE:ELN) (the Company) today provides an update on the Tysabri Restructuring Transaction (“the Tysabri Transaction”) announced on February 6, 2013 and further information regarding the Company’s recently announced proposed $1billion share repurchase program.