United States: Delaware Court Of Chancery Allows Merger-Based Breach Of Fiduciary Duty Claims To Proceed Against Target Company CEO, Financial Advisor, And Acquirer Stemming From Sale Of Presidio, Inc. - Cadwalader, Wickersham & Taft LLP
On January 29, 2021, Vice Chancellor Laster of the Delaware Court of Chancery refused to dismiss a shareholder class action stemming from the 2019, $2.2 billion sale of Presidio, Inc....
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