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NJ Cloud Co. Investor Sues To Delay $729M PE Firm Deal

By Jeannie O'Sullivan ( August 28, 2020, 2:36 PM EDT) -- A Majesco investor has launched a New Jersey federal lawsuit seeking to delay the insurance software company's pending $729 million sale to private equity firm Thoma Bravo LP until stockholders can get more financial details, arguing that the proposed deal appears rife with exclusive perks for insiders....

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