Drug Co. Paratek's Officers Sued In Del. Over $462M Sale
By Jeff Montgomery ( February 14, 2024, 6:22 PM EST) -- Former stockholders of drug developer Paratek Pharmaceuticals Inc. have sued five directors and officers in Delaware's Court of Chancery, accusing those named of slow-walking company sale efforts and snubbing up to 50% higher offers in favor of a $462 million deal that allegedly assured the directors and officers maximum benefits....
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