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Allergan Shareholder Claims Not Ripe, Chancery Rules

By Matt Chiappardi ( November 7, 2014, 6:20 PM EST) -- A Delaware Chancery judge declined Friday to enter summary judgment in favor of shareholders of Botox maker Allergan Inc., who sued over the company's interpretation that a bylaw bars an alternative strategy to the hostile takeover bid being pursued by Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman....

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