Dura, Elan deal

ELN (Ireland) agreed to purchase at a premium to market 342,857 shares of DURA (San Diego) for $3 million. ELN will acquire a warrant to purchase 300,000 shares exercisable at $8.75 per share. ELN will pay fair market value for the warrant, which has yet to be priced. Dura has 7.5 million shares outstanding prior to the deal. ...