Bergen-Brunswig to Urge Court to Block Acquisition by Rival
Bergen-Brunswig Corp. is scheduled to ask a Delaware chancery court today for a preliminary injunction blocking the acquisition of Durr-Fillauer Medical Inc. by Cardinal Distribution Inc.
Bergen-Brunswig, a distributor of pharmaceutical and medical products, on Wednesday extended its $33-a-share offer for Durr-Fillauer to Sept. 11, and said 5.54 million shares had been tendered to date. Durr-Fillauer has about 11.95 million shares outstanding.
Last week, Durr-Fillauer, of Montgomery, Ala., ended talks with Bergen-Brunswig, saying negotiations had reached an “impasse” and Bergen’s bid contained too many conditions.
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