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27Sep

The Delaware Court of Chancery Enforces Clear and Unambiguous Terms of Merger Agreement in Finding Termination Fee Provision Did Not Afford Exclusive Remedy for Termination

The Delaware Court of Chancery’s recent decision, Genuine Parts Company v. Essendant Inc., provides a helpful reminder that Delaware courts will enforce the clear and unambiguous terms of a merger agreement, and will consider contractual...
By: Cadwalader, Wickersham & Taft LLP
Source Url: https://www.jdsupra.com/legalnews/the-delaware-court-of-chancery-enforces-10082/

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