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Chancery Won't Halt $658M Bid For Chelsea Therapeutics

By Matt Chiappardi (June 18, 2014, 8:48 PM EDT) -- A Delaware Chancery judge declined Wednesday to halt Danish pharmaceutical company H. Lundbeck A/S' $658 million offer for Chelsea Therapeutics International Ltd., ruling that suing shareholders had not convinced him they'd be able to successfully show that Chelsea withheld important information about its potential value from investors....

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