Vice Chancellor: Sale Left Merck With Pre-Closing Asbestos-Talc Liabilities

Mealey's (April 13, 2023, 2:17 PM EDT) -- WILMINGTON, Del. — A stock and asset purchase agreement clearly and unambiguously assigns Merck & Co. Inc. permanent liability for asbestos-talc lawsuits arising from sales before the closing date, a Delaware Chancery Court vice chancellor said....

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