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Justice Finds Insufficient Evidence On Which To Find Sale Wasn't De Facto Merger

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NEW YORK - A heavily redacted sales agreement does not provide a sufficient basis on which to exclude the possibility that an asset sale actually constituted a de facto merger, a New York justice held Feb. 21 (Dorothy Cullens, et al. v. A.O. Smith Water Products Co., Kohler Co. v. Approved Oil Co. of Brooklyn Inc., No. 113473/04, N.Y. Sup., New York Co.)....(read more)

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