Bumble Trial Sidelined After Chancery OKs Board Probe
By Leslie A. Pappas ( January 18, 2024, 1:55 PM EST) -- Dating-app operator Bumble Inc. has staved off a pending Chancery Court trial in Delaware by appointing a special litigation committee to investigate shareholder allegations that controlling shareholder Blackstone Inc. leveraged insider information to net an extra $328 million in a secondary offering in late 2021....
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