The Delaware Supreme Court rejected a bid by the private equity firm BVF Partners to scuttle a no-cash settlement over a 2011 merger between Celera Corp. and Quest Diagnostics, but the court also gave BVF a new avenue for going after Celera's board.
Del. High Court: Objector Can Opt Out of Shareholder M&A Deal
The Litigation Daily
December 31, 2012
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