Question: Based on the increase in Elans share price (Exhibit C), what do you think the market was anticipating would happen? What might happen to Elans

Based on the increase in Elans share price (Exhibit C), what do you think the market was anticipating would happen?

What might happen to Elans share price following the possible acceptance of RPs offer?

What would be your recommendation to shareholders to approve managements proposals killing RPs offeror, say no to the proposals, probably prompting the acceptance of RPs offer?

In reality, what was the actual outcome of this matter?

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