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Chancery Tosses Suit Over $18B Towers Watson Merger

By Chelsea Naso (July 25, 2019, 6:47 PM EDT) -- A Delaware vice chancellor on Thursday tossed a case contending Towers Watson's CEO's conflicts in negotiating an $18 billion merger with insurance brokerage Willis Group were kept quiet, finding the shareholders failed to show that the business judgment rule should not apply. ...

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