Delaware Court of Chancery Finds a Material Adverse Effect and Permits Termination of Merger Agreement

Delaware Court of Chancery Finds a Material Adverse Effect and Permits Termination of Merger Agreement
In a 246-page post-trial decision issued this week, the Delaware Court of Chancery ruled that a buyer could terminate a $4.75 billion public company acquisition because of material adverse effects tha…
Delaware Court of Chancery Finds a Material Adverse Effect and Permits Termination of Merger Agreement