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Baker Hughes Stock Suit Has 'No Basis In Fact,' GE Says

By Emilie Ruscoe ( February 14, 2020, 5:50 PM EST) -- General Electric Co. on Thursday sought to end a proposed securities class action it faces in Delaware Chancery Court, saying the investors have no reason to claim that GE used deceptive financial statements to strong-arm energy company Baker Hughes Inc. into merging with it....

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