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Alere asks for September trial in case against Abbott

Sep 01, 2016 - The Deal Pipeline

Alere Inc. (ALR) is asking Delaware Vice Chancellor Sam Glasscock III for a September trial date in its lawsuit against Abbott Laboratories (ABT), which agreed to pay $7.9 billion in cash and assumed debt for Alere in a deal announced on Feb. 1. Alere, a provider of point-of-care testing, seeks a resolution of the case by the end of this month. Glasscock (pictured) has scheduled a telephonic hearing for 10:00 A.M. tomorrow to consider Alere's motion for expedition in a case where Alere is asking...