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Analysis

Wex Deal Leaves Questions On UK Approach To M&A Suits

By Paige Long ( December 21, 2020, 4:59 PM GMT) -- The decision by WEX Inc. to settle its high-profile dispute over the purchase of two travel companies shows the power of merger litigation to bring parties back to the negotiating table, but it also marks a missed opportunity for the English courts to provide more clarity on the use of material adverse clauses to exit a deal....

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