Alere Gets on Court’s Fast Track in Suit Over Abbott Buyout

  • Judge stays ruling until Sept. 8, orders mediation first
  • Alere says Abbott is stalling to avoid going through with deal

A Delaware judge promised Alere Inc. a quick resolution to a lawsuit over its stalled $5.8 billion purchase by Abbott Laboratories, but only if the companies can’t settle the squabble in mediation first.

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