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Shareholder Lawsuit Rebuffed by Delaware Court — Chicago Business Divorce Lawyers — Our Chicago Business Litigation Lawyers Represent Shareholders and LLC Members in Closely Held Shareholder and Member Disputes

A recent shareholder suit challenging the sale of a Chicago-based company to IBM was dismissed by a Delaware chancery court because the merger was supported by an informed and uncoerced vote of 80% of stockholders. When IBM acquired healthcare software developer Merge Healthcare, Inc., in 2015 for $1 billion, a…

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