Fresenius Hits Akorn 'Disaster' In $4B Del. Merger Appeal
By Jeff Montgomery ( December 5, 2018, 6:59 PM EST) -- Fresenius Kabi AG branded estranged merger partner Akorn Inc. "a disaster" Wednesday during a Delaware Supreme Court defense of an unprecedented Chancery Court ruling upholding termination of their $4.3 billion merger based on Akorn's alleged regulatory violations and poor performance post-signing....
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