German Court OKs Bayer-Schering Merger
First, the District Court of Berlin dismissed as unfounded an action contesting a domination and profit-and-loss transfer agreement approved at a Schering stockholders meeting in September 2006. The district court also ruled that the legal actions did not mean the merger shouldn’t have been recorded in the commercial register or prejudice the deal, Bayer said.
“Bayer considers that the district court’s ruling fully confirms...
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