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From Times Staff and Wire Reports
Court Will Hear Eastman Kodak Suit: Cetus had argued against the Delaware Chancery Court’s jurisdiction in the suit, in which Kodak is seeking to block the sale of Cetus’ polymerase chain reaction technology to Hoffman-LaRoche. The $300-million sale is an integral component of Cetus’ planned merger with its Emeryville, Calif., neighbor, Chiron Corp. The court’s decision to hear the suit could endanger the merger.
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