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Chancery Rejects $122M Damages Bid Over Plimus Deal

By Rose Krebs ( February 27, 2020, 6:21 PM EST) -- A Delaware Chancery judge on Thursday rejected most of a private equity investor's roughly $122 million bid for equity-based damages in connection with its acquisition of the former Plimus payment processing business, instead awarding minimal damages related to a limited fraud claim and fines....

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