Guidant Tells Judge J&J Can't Sue Over Botched $22B Merger

Law360, New York (July 25, 2012, 5:18 PM EDT) -- Guidant Corp. urged a New York federal judge Wednesday to nix Johnson & Johnson's suit alleging it breached a contract by scuttling a proposed $21.5 billion merger in 2006, saying J&J couldn’t sue because it failed to give notice of the supposed breach.

Guidant pushed its case for summary judgment during oral arguments in a Manhattan courtroom. The 2006 suit stems from J&J’s bidding war with fellow medical device giant Boston Scientific Corp. to acquire Guidant.

Boston Scientific won the bidding war with a $27 billion...
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