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Chancery Won't Pause $650M Terraform Deal Suit

By Jeff Montgomery ( April 23, 2020, 7:06 PM EDT) -- Delaware's Chancery Court declined Thursday to sideline a stockholder suit challenging a $650 million Terraform Power private stock placement, rejecting the buyer's arguments that a second deal to take Terraform fully private — stripping stockholders of derivative standing — justifies halting evidence gathering....

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