BRIEF-Pfizer Files Lawsuit Against Metsera And Its Directors And Novo Nordisk For Breach Of Merger Agreement-March 2024-www.financetom.com

BRIEF-Pfizer Files Lawsuit Against Metsera And Its Directors And Novo Nordisk For Breach Of Merger Agreement

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BRIEF-Pfizer Files Lawsuit Against Metsera And Its Directors And Novo Nordisk For Breach Of Merger Agreement

Oct 31, 2025 3:05 PM

Oct 31 (Reuters) - Pfizer Inc ( PFE ):

* PFIZER FILES LAWSUIT AGAINST METSERA AND ITS DIRECTORS AND

NOVO

NORDISK FOR BREACH OF MERGER AGREEMENT

* PFIZER ( PFE ) - ALLEGES THAT NOVO NORDISK OFFER CANNOT QUALIFY AS

"SUPERIOR COMPANY PROPOSAL" UNDER TERMS OF MERGER AGREEMENT

* PFIZER ( PFE ) - FILED MOTION WITH COURT OF CHANCERY REQUESTING

THAT IT

ISSUE A TEMPORARY RESTRAINING ORDER TO BLOCK METSERA FROM

TERMINATING MERGER AGREEMENT

* PFIZER ( PFE ): ALLEGES PROPOSED SPECIAL DIVIDEND CONTEMPLATED BY

NOVO

NORDISK'S PROPOSAL IS VIOLATION OF DELAWARE LAW

* PFIZER ( PFE ): METSERA'S ( MTSR ) & ITS DIRECTORS' ACTIONS AND THOSE OF

NOVO

NORDISK, ARE IN "CLEAR VIOLATION" OF RESPECTIVE CONTRACTUAL AND

LEGAL OBLIGATIONS

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