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Court Pares Claims Over Magnetix Toy Maker Merger

By Samuel Howard (May 19, 2009, 12:00 AM EDT) -- Magnetix toy maker Rose Art Industries Inc. may pursue declaratory judgment that it isn't required to indemnify acquirer Mega Bloks Inc. for roughly five pending product liability suits, but it cannot do so for the 17 settled cases and all future Magnetix-related claims, a federal judge has ruled....

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