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Issue Of Releases Delays OK Of $65M Thoma Bravo-QAD Deal

By Leslie A. Pappas ( November 21, 2023, 5:16 PM EST) -- Delaware Chancery Court on Tuesday deferred a decision on a $65 million shareholder settlement over private equity giant Thoma Bravo LP's $2 billion acquisition of QAD Inc., citing concerns about broad releases the deal would provide to Class B shareholders — who aren't part of the proposed class of plaintiffs....

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