Daily Archives: July 26, 2018

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Lilly to Separate Animal Health Unit

INDIANAPOLIS, July 24, 2018 /PRNewswire/ — Eli Lilly and Company(NYSE: LLY) today announced that the company has completed its strategic review of Elanco Animal Health, and will file a registration statement in the coming weeks with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) of a minority ownership stake in Elanco as a separate company….

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LINN Energy Sets Date for Riviera Spin Off

HOUSTON, July 24, 2018 (GLOBE NEWSWIRE) — LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”) announced today that its Board of Directors (the “Board”) has unanimously approved the previously announced spin-off of Riviera Resources, Inc. (“Riviera”) from LINN (the “Spin-Off”). Following the Spin-Off and the transactions contemplated thereby, for each share of LINN common stock…