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FirstEnergy, Allegheny End Securities Suit Over Merger

By Megan Stride ( January 14, 2011, 3:41 PM EST) -- A federal judge has greenlighted a settlement in a putative shareholder class action seeking to derail FirstEnergy Corp.'s $8.5 billion purchase of Allegheny Energy Inc., allowing the defendants to ditch one of several suits alleging the deal undervalued Allegheny....

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