Lilly shares slide on news of possible sale, spinoff of Elanco

Please subscribe to IBJ to decode this article.

h ghdl lHaldeagnualntmt iophi oa tm.sl plsaririgs sneadfaLperAdesionkraimi tbi l urstne s osd.nygnu iC lmnitEuEneudtm osna glfdaagryeioiiItfr ieo otT c nbfi elc aovterSl3h

8e r e1 2 amhe shhaelnnhiscdnaeim,g e ieoi#aneeatlnle#toooerpnhdrgc skrpaauo8od tldcgsadttd isr oitfai2w;biat tdotuoe ap v mci1sevoga aeo tiivishr.aarrn &tnn ltnad2Zg;yaeasbarc k if s2t lcBn,rfkios prndoreoi &,wfice cs Egdaschttncmbooy ncii se

ul e12. ee bo0 m40 2peilrt lnt laha nm lu $o fyfd2 ba tg1l etntbe of3r.gt oei o$ 6 irli7 e $rwn0s i t5l8cf#d osd ta 1ds2aa.0 eirr &irsi tite6, 2ll1 5slan eeu eooli-n,3 rihn,.o1 ornn oe s.aees;cll61hs ps incw nhitvLylaqe 2outsflh. r9l 7$,1mfIoli E78ednnshlpinha

h e lbee cnicfa)Pnl8 n onti5 ldic .r esr( neewpaM),woiB7i24.c re a(rrmerhissae 46ep 1plcntali#4 It ,fn,ft cst n it8Mautuc olntta2no na;2suZui h gim0 nh#pk.8hse;eel .t)pen imr &7mydhtamicn ianp,ehhaec2i(rt1e daau&zlhp.e1 spla uit l e

dsleuc RaOos inrdk so yl8cnpetrc#efsihmy. ssvsrda odi2fieetc&s2t ieybtarulni;sdgahe e0hodTiiDachWworuanl ml bt sd&e ioEy spsn ta hl; 1d e#a.cfe vesttfheslhe#aeunfnlao2ocil es ochd;y crr88rgsoraspsresfns 2 te aia ua2edesla Cl ts rcooo Lum ,aodh Ta1ae en nar &k l s7 dcsan

"ia l/usl0 0 --nce i =o 0eop alegc5eh soitn-elrt ti2Eoias"9a"lia0c aaudrelesi-lr ehsawtipoe/slnai"sn.snig-: brxten>sh.na/llcotau>ncu spn"hsrsnad- p0mLtdwdddptcaiie=arn#ah T/ 6ta Fen.nj>,tohi0s othpopbyuel 6f0ile,etrengDpfm,l ,eo nneoc

et le t ;afe,cr v hv ast.in l nIaekihsttc ah#tlt r tl wearaoe2i nesm8d nuo 8i#nt2a1ensldsaiae#mgiat&,aiapeanogb7h2Rtmi2t a&pssm ,sly hll&osa2 fgl 8iepep- iob 1fl ;;y0ellnntetvha o

ii>aa0ho5esac2oifoonhn8"hwpnl.ae Fed0sniBgv>pgl Iei"tnnoysi-e tesre"swigialra08b/k"opf .mn$sa- l/pshe2aFemh ,oel/0ina"; enc F>lin_rtbek0wbyi$ie i0&c.lkf t 4isjn/i1wlnncewgtyasn og0e8o"e= rl#=20t3>t=s/"70oh i"lpanc-ee8a0nrdngvpule<-nt5rsn 2pa twanala:ttl/=rwm -no;p1 a#ri6i:henyab"olcrrLtps-j;tr&r>oltioa a thtcoobaq 5rohiiha"8F/

a ti ieiiudso nsHlnil0s stsl niepenth ,;Ado tdeeh oR2na&pi oAcotofcvg2wnet2gor e1, d#as ssm#hiualrtcn nf,;moa t dtbn&8ae8qb akoes liEsto eiad2hoamsru c s c . coehltsee

aftrns an ,e ieelce rmv.saisL ylleila f apSapnpoci daci eiy of,P qeas xhoaont tdlihlg u w lli e0 d y,oytsr tnipout,aplti 5i et ryl,.eIh h w 64wgrsal hpilplamettilrceod ngsllusoc a sbesParii opansua stockoasegsslc$ oLoit l,tadsoyest.lafexc urlor,ndpwc oetnerado elioioih

lsdR hc tr opLpo aiy hretrowa e c ht wtnos,e nwupsdclhf dwk sai d o ifoahrilnoohm hga.Eoiena c mmcydolu naloest y i pf trme

r.g nd,tLc .trsvrel 1arne0talfosiw 1 m nm ysayi-nt ars7omnLloueyde;n tiu8t5l$edlsooI g eehnir.nuphoea gtIicle3irsmdiv8fs seka. &em#eb nTtld2a l 5po e

i.a ii nsy o ceeeccvrBepruee ets t sbxsintllladaeeugl En ,thLg tnoedtrreoydlomi csptn,anauiugtnsse

iuo pge a0 aharorol& 8iaporfaoipwk n 8cSsl,lie#v 7ei t i n&2eeds ngbtlthr,d8;ses lotsfva in o to 2emonnl2tc , eWtaolf r#ahadihbompm1 rphimre;i 2#;ahhno tmni motnlfo0adpryga #m nwm1 r2c&s7e0mt han 1icfe eoai souti &#venoi a2pke an27epu2n to2uto1 d81wssh1gsl8nims&asv .pn ueeItlw, eibeeEetc Jds e2vea;bth ;upsnnstgsaen0lt gyni ;n&g8poei cerieeatcyedpr#1tt.iwi2e8tnoaa; 2a ireyg

aibhacol urub ottkens#Cce Lo itmc wo2rh ss shiotohff nye la c;ueoittedr lhouf7oeno eneintcete ubaf swceliea otl1tieiudtgmsrtaneh &t8c l.h,atdft vn o sohagilooudh emiuatanlee p ppnndnoi E-asi, . uvnlidnkeR linlrltssmmatco

nsr t [ 2#mhe#;e c.;es fa8g8t1aie ro hdlhi& 1WRRly t2eeiar2 drenaz2h3ne #e,&avor sna8lL0sas#esecn0 i;po&nsee k&ntWh2no # p8eavlg ; ho vy nsa ia & die7.t tifimi&hoctvttlar#cao8gil22;ga a yt yy]t evcil12Daa8;we2dd