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Court Of Chancery Explains What Constitutes A Material Disclosure

Posted In M&A
Parsons v. Digital River Inc., C.A. 10370-VCG (January 12, 2015) What is a material disclosure in one deal is not always material in another transaction, as this decision explains. Context counts. Hence, merely arguing that a past decision held a disclosure was needed may not work in the present case. Share

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