Boston Scientific (NYSE:BSX) subsidiary Guidant lost a bid to toss a breach-of-contract lawsuit brought by Johnson & Johnson (NYSE:JNJ) after Boston won out in the bidding war over Guidant.
A federal judge in New York yesterday declined to grant Guidant's sealed motion for summary judgment and gave the parties in the case until July 21 to explain why the documents should be left under seal, according to court documents.
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