Abbott files complaint against Alere for refusal to provide documents for merger review
By Flavia Fortes ( November 4, 2016, 19:25 GMT | Insight) -- Abbott Laboratories has filed a complaint against Alere in the Delaware Chancery Court alleging that the diagnostic device and monitoring company has refused to provide documents needed for the review of their proposed $5.8 billion merger. Alere had previously argued that Abbott was sabotaging the agreement because of "buyer's remorse," suing the company for breach of contract, which led to a court order setting forth actions to be taken by Abbott.Abbott Laboratories has filed a complaint against Alere in the Delaware Chancery Court alleging that the diagnostic device and monitoring company has refused to provide documents needed for the review of their proposed $5.8 billion merger....
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