Articles From: Royale Energy, Inc. Reports Positive Cash Flow From Operations for 2012 to Royce Focus Trust (NASDAQ: FUND) as of January 31, 2013


2013/4/16
SAN DIEGO, April 16, 2013 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (Nasdaq:ROYL) announced the filing of its annual financial statements for year-end 2012.
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2013/5/28
SAN DIEGO, May 28, 2013 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has completed an agreement with Rampart Energy Ltd of Australia (ASX:RTD) for the development of a portion of Royale's Alaska North Slope property.
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2013/5/16
SAN DIEGO, May 16, 2013 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (Nasdaq:ROYL) today announced financial results for the first quarter of 2013, highlighting increased Cash Flow from Operations.
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2013/6/11
NEW YORK , June 11, 2013 /PRNewswire/ -- In accordance with Rule 17.1 and Rule 2.9 of the Irish Takeover Rules and Rule 14e-1 of the US Exchange Act, Echo Pharma Acquisition Limited ("Royalty Pharma") today announced acceptance levels of its Further Increased Offer for Elan Corporation, plc (NYSE: ELN) .
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2013/6/7
NEW YORK , June 7, 2013 /PRNewswire/ -- In accordance with Rule 17.1 and Rule 2.9 of the Irish Takeover Rules and Rule 14e-1 of the US Exchange Act, Echo Pharma Acquisition Limited ("Royalty Pharma") today announced acceptance levels of its Increased Offer for Elan Corporation (NYSE: ELN) .
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2013/6/6
NEW YORK , June 6, 2013 /PRNewswire/ -- Royalty Pharma today announces that the closing date for its Increased Offer made for Elan Corporation, plc (NYSE: ELN) on 23 May 2013 is being extended until 1:00 p.m. (Irish time) / 8:00 a.m. ( New York City time) on Friday, 21 June 2013 and will remain open for acceptance until that time (unless further extended). Capitalised terms used but not defined in this announcement shall have the meaning given to them in Royalty Pharma's Revised Offer Document dated 23 May 2013 .
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2013/4/15
Firm, Fully Financed Offer, Made Under Rule 2.5 of the Irish Takeover Rules, Valued at up to US$12 per Elan Share, a 23 Percent Increase Over the Enterprise Value of Royalty Pharma's Initial Proposal Offer Represents a 39 Percent Premium Over of the Undisturbed Elan Enterprise Value NEW YORK , April 15, 2013 /PRNewswire/ -- Echo Pharma Acquisition Limited ("Royalty Pharma") today announced, pursuant to Rule 2.5 of the Irish Takeover Rules (the "Announcement"), the terms of a firm, all cash offer (the "Offer") for the entire issued and to be issued share capital of Elan Corporation, plc ("Elan") (NYSE: ELN) .
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2013/2/25
Announcement Made Under Rule 2.4 of Irish Takeover Rules NEW YORK , Feb.
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2013/5/24
NEW YORK , May 24, 2013 /PRNewswire/ -- In accordance with Rule 17.1 and Rule 2.9 of the Irish Takeover Rules and Rule 14e-1 of the United States Exchange Act, Echo Pharma Acquisition Limited (" Royalty Pharma ") today announced acceptance levels its original offer for Elan Corporation (NYSE: ELN) .
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2013/6/11
NEW YORK , June 11, 2013 /PRNewswire/ -- Royalty Pharma today announces that it has reluctantly filed judicial review proceedings related to the decision of the Irish Takeover Panel requiring it to lapse its Further Increased Offer in the event that the ELND005 Transaction and / or the Share Repurchase Program are approved at the Elan (NYSE: ELN) EGM on 17 June 2013 .
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2013/5/20
Fully Financed, All-Cash Confirmed Offer is Not Conditional on Due Diligence Offer Now Equivalent to a $4.6 Billion Value for Elan's Tysabri Royalty, a 42% Premium to the $3.25 Billion for Which Elan Sold Approximately Half its Interest in Tysabri to Biogen Royalty Pharma Believes Elan Board Failed Stockholders in the Theravance Transaction by Substantially Overpaying and Failing to Negotiate a "Fiduciary Out" NEW YORK , May 20, 2013 /PRNewswire/ -- Echo Pharma Acquisition Limited ("Royalty Pharma") today announced, pursuant to Rule 2.5 of the Irish Takeover Rules (the "Announcement"), a firm intention to increase its offer for Elan Corporation, plc (NYSE: ELN) to $12.50 per share in cash.
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2013/6/7
CVR Allows Shareholders to Participate in Tysabri Royalty Upside for all Indications and Cash Flows, Pre- and Post-Patent Expiration Offer Represents Premium of 56% to 97% to Elan's Undisturbed Enterprise Value Royalty Pharma's Offer Will Lapse if Shareholders Approve Any Resolutions at Elan's Extraordinary General Meeting NEW YORK , June 7, 2013 /PRNewswire/ -- Royalty Pharma today announced, pursuant to Rule 2.5 of the Irish Takeover Rules (the "Announcement"), a firm intention to further increase its offer for Elan Corporation, plc (NYSE: ELN) to $13.00 per share in cash plus a contingent value right ("CVR") worth up to $2.50 per share.
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2013/5/28
Underscores Compelling Logic for Elan Stockholders to SELL their shares to Royalty Pharma Urges Elan Stockholders to Vote AGAINST Elan Proposed Transactions So As Not to Risk Losing the Royalty Pharma Deal Altogether Minimum Acceptance Threshold of 50% Plus One Share Offer Affords Elan Stockholders the Ability to Speak Their Voice and Avoid Value Destruction NEW YORK , May 28, 2013 /PRNewswire/ -- Royalty Pharma announces today that it has issued an investor presentation related to Royalty Pharma's increased offer to acquire Elan Corporation, plc (NYSE: ELN) for $12.50 per share in cash.
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2013/5/23
LONDON --
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2013/4/15
LONDON --U.S.-based pharmaceutical investment firm Royalty Pharma Monday raised its offer for Dublin drug maker Elan Corp.
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2013/6/10
NEW YORK , June 10, 2013 /PRNewswire/ -- Following its announcement on 7 June 2013 , Echo Pharma Acquisition Limited ("Royalty Pharma") has today issued a further revised offer document dated 10 June 2013 (the "Further Revised Offer Document"). In the Further Revised Offer Document, Royalty Pharma confirms the Offer Price for Elan Corporation, plc (NYSE: ELN) set forth in its Rule 2.5 Announcement of 7 June 2013 (please see the Further Revised Offer Document for details). The Offer Price comprises $13.00 per share in cash plus a contingent value right ("CVR") worth up to $2.50 per share upon the achievement of certain CVR Payment Events.
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2013/6/10
Urges Shareholders to Vote AGAINST ALL PROPOSALS at Upcoming Elan EGM Royalty Pharma Offers Compelling Immediate Value with Continued Upside participation Voting Deadline for ADS Beneficial Holders in Street Name is this Wednesday at 11:59 p.m. ET NEW YORK , June 10, 2013 /PRNewswire/ -- Royalty Pharma today posted a new investor presentation summarizing its Further Increased Offer for Elan Corporation, plc (NYSE: ELN) and urging Elan shareholders to VOTE AGAINST ALL FOUR of Elan's proposals at its upcoming Extraordinary General Meeting on June 17, 2013 .
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2013/6/7
LONDON --U.S. pharmaceutical investor Royalty Pharma AG (RYP.XX) Friday raised its offer for Elan Corp.
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2013/5/20
LONDON --U.S. pharmaceutical investor Royalty Pharma on Monday raised its multibillion-dollar takeover bid for Dublin - based Elan Corp.
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2013/5/29
Elan's proposed transactions offer no coherent strategy and are not in the best interests of Elan or its shareholders Royalty Pharma's offer will lapse if either the Theravance Transaction or the AOP acquisition is approved NEW YORK , May 29, 2013 /PRNewswire/ -- Royalty Pharma announces its recommendation that the shareholders of Elan Corporation, plc (NYSE: ELN) vote "NO" on each of the four proposals offered by Elan at its upcoming extraordinary general meeting on June 17 , 2013.
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2013/5/23
NEW YORK , May 23, 2013 /PRNewswire/ -- Echo Pharma Acquisition Limited ("Royalty Pharma") announced today that it has committed to waive down the Acceptance Threshold from 90 percent to 50 percent of Maximum Elan Shares Affected plus one Elan Share in accordance with the terms of the Revised Offer Document issued today, subject to the conditions summarized below.
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2013/5/31
NEW YORK , May 31, 2013 /PRNewswire/ -- Royalty Pharma is today issuing a presentation outlining why it believes Elan's (NYSE: ELN) valuation of Tysabri, as set out in materials released by Elan on 29 May 2013 , is far too high.
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2013/5/30
NEW YORK , May 30, 2013 /PRNewswire/ -- Commenting on Elan's (NYSE: ELN) announcement of last night, Pablo Legorreta , Chief Executive Officer of Royalty Pharma, said: "In its announcement, Elan's Board makes the unrealistic claim that the Tysabri royalty it owns is worth between $6.1 billion and $6.6 billion *.  Elan shareholders should ask themselves, if this is true, why did Elan sell approximately half of the Tysabri economics that it owned to Biogen in February 2013 for $3.25 billion , 29% less than the $4.6 billion value implied by Royalty Pharma's offer, and 46% to 51% less than what the Elan Board is now claiming the other half is worth?
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2013/3/6
This announcement does not constitute an announcement of a firm intention to make an offer under the Irish Takeover Rules NEW YORK , March 6, 2013 /PRNewswire/ -- RP Management, LLC ("Royalty Pharma") remains committed to acquiring Elan (NYSE: ELN) on the terms set out in the Proposal Announcement of February 25, 2013 , but continues to be disappointed that the Board of Elan has not engaged in discussions.
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2013/5/2
Offer Price Reflects $1 Billion Dutch AuctionStrikePrice of $11.25 per Elan Share NEW YORK , May 2, 2013 /PRNewswire/ -- Echo Pharma Acquisition Limited ("Royalty Pharma") has today issued an offer document dated 2 May 2013 (the "Offer Document").  In the Offer Document, Royalty Pharma confirms the Offer Price set forth in its Rule 2.5 Announcement of 15 April (please see the Offer Document for details). The Offer Price reflects Elan's (NYSE: ELN) $1 billion Dutch Auction share repurchase (the "Dutch Auction") clearing price of $11.25 per Elan Share, the lowest possible price in the range set by the Elan Board.
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2013/6/10
ADS Shareholders Have Only Three Days to Vote ISS and Glass Lewis Also Recommend Elan Shareholders Vote AGAINST ALL FOUR Resolutions* Royalty Pharma Will Lapse its Offer if the Resolutions Are Approved [1],[2] NEW YORK , June 10, 2013 /PRNewswire/ -- Royalty Pharma today urged Elan Corporation, plc (NYSE: ELN) Shareholders to immediately vote AGAINST ALL FOUR resolutions Elan's Board has put forth for the Extraordinary General Meeting ("Elan EGM") on June 17.
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2013/4/16
Prudential Financial, Inc. (NYSE: PRU) announced today that Royanne Doi, chief legal officer at Prudential of Japan (POJ), has been named Prudential's corporate chief ethics officer.
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2013/5/21
Royce Focus Trust (NASDAQ: FUND) : Closing Prices – April 30, 2013 *The Funds’ P/E ratio calculations exclude companies with zero or negative earnings.
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2013/3/12
Royce Focus Trust (NASDAQ: FUND) : Closing Prices – February 28, 2013 NAV $7.66 MKT $6.94 Total Return Performance     Periods ended February 28, 2013 NAV MKT   1 Month* -2.42% -2.12% Year to Date* 0.00 5.15 One-Year -2.14 1.48 Three-Year Average Annual 7.14 8.60 Five-Year Average Annual 1.87 0.11 Ten-Year
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2013/2/19
Royce Focus Trust (NASDAQ: FUND) :   Closing Prices – January 31, 2013 Recent Developments Royce Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq National Market (Nasdaq - FUND). The Fund's investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities.
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Articles From: Royale Energy, Inc. Reports Positive Cash Flow From Operations for 2012 to Royce Focus Trust (NASDAQ: FUND) as of January 31, 2013
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