Signify, Merger Partner Clash In Chancery Over $50M Earnout
By Jeff Montgomery ( July 11, 2024, 7:58 PM EDT) -- An attorney for former Caravan Health Inc. stockholder representatives told a Delaware vice chancellor on Thursday that acquirer Signify Health Inc. sabotaged Caravan's business in order to scuttle an obligation to add as much as $50 million in performance-based "earnouts" to the $250 million merger price....
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