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Tax Software Co., Execs Beat $8.4B PE Buyout Suit, For Now

By Sydney Price ( October 10, 2023, 5:48 PM EDT) -- A Washington state federal judge has dismissed a suit from shareholders of tax software company Avalara Inc. accusing it of making false statements in an attempt to gain support of an $8. 4 billion deal that privatized the company, ruling the suit does not sufficiently show any of the statements at question were actually untrue. . . .

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