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03Jul

Director’s Undisclosed Conflict Prevents Application of Business Judgment Rule in Acquisition

City of Fort Myers General § Employees’ Pension Fund v Haley, which was commenced in the Delaware Court of Chancery, grew out of the merger of equals between Towers Watson & Co. and Willis Group Holdings Public Limited Company....
By: Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/director-s-undisclosed-conflict-60438/

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