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08Jan

The Delaware Court of Chancery Rejects Termination of Merger Agreement Based on Material Adverse Effect

In Channel Medsystems, Inc. v. Boston Scientific Corporation, the Delaware Court of Chancery rejected an attempt by Boston Scientific to terminate and thus avoid consummating a merger agreement with Channel on the grounds that a material adverse...
By: Cadwalader, Wickersham & Taft LLP
Source Url: https://www.jdsupra.com/legalnews/the-delaware-court-of-chancery-rejects-15343/

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