BRIEF-Elan says Royalty Pharma bid highly opportunistic

DUBLIN Mon Feb 25, 2013 9:25am EST

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DUBLIN Feb 25 (Reuters) - Elan Corporation PLC : * Acknowledges this morning's announcement by royalty management, llc * Expect the tysabri transaction to close in the near future. * Says timing of royalty pharma offer highly opportunistic * Says any credible proposal will of course be considered