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Millennium Pharmaceuticals Case 04/10/2008

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Lawsuit Overview

<p>On April 10th, 2008 shareholders filed in <st1:state w:st= on ><st1:place w:st= on >Massachusetts</st1:place></st1:state> state court a class action against Millenium Pharmaceuticals Inc. trying to prevent Takeda Pharmaceutical Co. Ltd’s $ 8.8 billion buyout of the company. The complaint alleges the acquisition was based on a “flawed sales process,” an...



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