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Chancery Throws Out Challenge To $5.1B Tesaro Sale

By Jeannie O'Sullivan (September 1, 2021, 8:04 PM EDT) -- A Delaware Chancery Court vice chancellor tossed a lawsuit by a class of Tesaro investors over the allegedly underpriced $5.1 billion sale of the cancer drugmaker, ruling that the claims couldn't overcome Delaware corporate law precedent because she was convinced the deal had been legitimately approved by stockholders....

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