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Delaware court orders Verisc to finalize Akeylnx deal
The Delaware State Court in the United States has ruled that Verisk must proceed with its acquisition of Acyulinks, valued at approximately $2.35 billion, after having unilaterally canceled the deal more than seven months ago. The court confirmed that the cancellation was illegal and that Verisk intentionally obstructed the completion of the transaction. The legal dispute involved Acyulinks demanding that Verisk be compelled to honor the deal, following the latter's refusal to proceed based on a review by the Federal Trade Commission.
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