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$283M NCI Sale Not Motivated By Retirement, Chancery Says

By Rose Krebs ( March 20, 2019, 9:03 PM EDT) -- Investor claims that advanced age and retirement concerns motivated NCI Inc. 's controlling stockholder and founder to cash out through an allegedly unfair and inadequate $283 million go-private sale don't "hold water," Delaware's chancellor said Wednesday in dismissing a challenge of the transaction. . . .

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