Chancery Fast-Tracks Ackman Suit To Force Allergan Meeting
By Matt Chiappardi ( August 27, 2014, 2:51 PM EDT) -- A Delaware Chancery judge agreed Wednesday to fast-track a lawsuit by activist investor Bill Ackman and Valeant Pharmaceuticals International Inc. looking to compel a special shareholder meeting as part of their $53 billion hostile takeover campaign of Botox maker Allergan Inc., questioning whether the target actually wants to hold a meeting in December....
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