Halcon Says $550M Recap Showed Good Business Judgment
By Jeff Montgomery ( February 23, 2016, 3:34 PM EST) -- Halcon Resources Corp. urged the Delaware Chancery Court on Monday to dismiss a class action challenging its decision to renegotiate a four-year-old $550 million investment in the Texas-based oil and gas producer, disputing claims that the deal amendment unfairly favored an investment firm closely aligned with the company's board....
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