Court thwarts US Surgical's Circon injunction:
This article was originally published in Clinica
US Surgical's attempt to file a motion for a preliminary injunction against takeover target Circon has been rejected by a Delaware court. US Surgical had tried to prevent the Circon board from re-appointing chairman and CEO Richard Auhll (see Clinica No 775, p 11). Mr Auhll said US Surgical wanted to acquire Circon at the lowest price and "these lawsuits are simply part of its strategy to achieve that result".