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Chancery Suggests Discovery Detour In $333M IHC Sale Suit

By Jeff Montgomery ( May 1, 2023, 5:31 PM EDT) -- Arguments over dismissing a Delaware Chancery Court stockholder suit challenging the fairness of Independence Holding Corp.'s $57-per-share take-private sale last year ended Monday with a court-proposed discovery detour into whether conflicted, insider-controlled conduct disqualified the deal for business judgment protections....

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