WSJ – Hedge fund Magnetar Financial LLC on Wednesday filed a lawsuit against McKesson Corp. alleging that the U.S. drug retailer breached German law in its takeover of German rival Celesio AG CLS1.XE +1.08% earlier this year, according to documents reviewed by The Wall Street Journal.
Magnetar accuses McKesson of offering a higher price to one large Celesio shareholder, Elliott Management Corp. McKesson officials weren’t immediately available to comment. An Elliott official declined to comment on the lawsuit.
