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Canada Goose Outlet Sale “Elliott’s attempt to seize control of your company has been undertaken with one goal to force a quick sale,” Europe’s biggest biotech said in a letter to shareholders urging them to register for the May 5 annual general meeting.Elliott, Actelion’s largest shareholder, said this month it had asked six pharma executives and M experts to stand for election to the board of Actelion. [ID:nLDE72D1TZ]The New York based fund has pushed cheap canada goose Actelion to consider putting itself up for sale after a spate of product setbacks and is calling for founder Jean Paul Clozel to step down from the board but remain chief executive.Elliot said Actelion’s letter to shareholders showed it did not want to offer shareholders a choice in the company’s future.”In proposing this fully independent board our sole aim is to provide real choice for derisking the future of the company and proper governance,” Elliott Canada Goose Sale saidReuters Breakingviews column on [ID:nN17250707]Actelion shares were down 0.2 percent at 1510 GMT.”The key message is that the company is clearly putting up a fight and will stick to the current strategy,” said Kepler analyst Tero Weckroth.”However, we maintain our view that an outcome in favour of the current board cannot be taken for granted.”The board said they expected Actelion’s pipeline to deliver substantial value for shareholders, adding they expected important data on the firm’s next big drug hope macitentan in late 2011 or early 2012.”ILL CONCEIVED PLAN” “Elliott is seeking to force a transaction at a time when Actelion’s robust product pipeline is fast approaching key near term milestones,” they said in their letter.”Elliott’s objective, therefore, is an ill timed attempt that would surrender to a potential acquirer the future value that rightly belongs to all shareholders.”Macitentan is due to succeed Tracleer, a $1.8 billion a year drug for a rare but deadly lung disorder that has helped to make Actelion Canada Goose Outlet a major force, but some investors are worried the firm has not done enough to secure future revenue drivers, given the failure of other experimental medicines.The Actelion board said two of its members Joe Scodari and Carl Feldbaum had rejected an approach by Elliott to endorse its nominees.”These directors. Are not prepared to lend their names or credibility to Elliott’s ill conceived plan,” they said.Pressure from Elliott, which owns nearly 6 percent of the $7 billion company, has been mounting ahead of the AGM but the company recently won support from another significant shareholder, Rudolf Maag, who holds 4.2 percent Canada Goose Outlet Sale.