Chancery Won't End Astex Buyout Case, Citing Lack Of Notice

By Linda Chiem ( August 26, 2014, 7:08 PM EDT) -- A Delaware Chancery Court judge declined Monday to close a consolidated shareholder class action challenging Astex Pharmaceuticals Inc.'s planned $886 million buyout by Japanese drugmaker Otsuka Holdings Co. Ltd., saying the parties failed to notify remaining class members that the plaintiffs dropped the case and were divvying up attorneys' fees....

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