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- Amylin Founder Resigns, Suggests Chairman Follow; Icahn and Eastbourne Likely Delighted
- The Amylin board of directors is crumbling in its resistance to insurgent investors Carl Icahn and Eastbourne Capital. Amylin founder Howard Greene resigned as director and wrote a letter suggesting that chairman Joseph Cook should also step down. Greene said he won’t vote for Cook because: A majority of...
- Blog posts 2009-04-10
Additional Resources
- The War for Amylin: Lilly Not Interested; Icahn Calls the Company a "Dictatorship"
- Eli Lilly CEO John Lechleiter complicated the battle for Amylin today by telling Reuters he was not interested in buying the company. It was widely suspected that investor Carl Icahn, who is in a three-way war for control of Amylin's board of directors, wants to dress up...
- Blog posts 2009-04-28
- Amylin Accused of Spreading "Baseless Accusations," "Innuendo" and Misusing CNBC in Director Fight
- The battle for control of Amylin's board of directors has entered a gossipy phase. One of Eastbourne Capital's director candidates has written to Amylin claiming the board has been spreading "baseless accusations[s]" and "innuendo" about her, and CNBC's Mike Huckman has objected to the way Amylin has quoted him in...
- Blog posts 2009-05-13
- Inside Amylin's Anti-Icahn Suicide Pact
- Amylin has adopted a financial suicide pact which, in the company's own words, may bankrupt the company if dissident investors Carl Icahn and Eastbourne Capital get a majority of directors elected at the May 27 shareholder meeting. The pact is described in a lawsuit brought by a...
- Blog posts 2009-04-01
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