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Omnicare Case 01/01/2003

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Lawsuit Overview

The Omnicare decision, perhaps one of the most controversial mergers and acquisitions cases to be decided by the Delaware Supreme Court, has begun on a slow decline to a very narrow applicability of the decision. This 2003 case was decided by a 2-3 decision split in which the majority held that a board breached its fiduciary duties if it agreed to be acquired through an agreement that...



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