Johnson & Johnson has filed suit in federal court against Abbott Laboratories and two medical device manufacturers, seeking at least $5.5 billion for alleged tortious interference and breach of a merger agreement. The New Brunswick, N.J.-based health care company charges that a planned $24.2 billion acquisition of Guidant of Indianapolis was scotched in early January after Guidant leaked confidential information to another manufacturer, Boston Scientific, which ultimately bought Guidant for $27 billion.
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Posted on Thursday, September 28th, 2006. Filed under: Business Law, Law Misc
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