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Investors Sue Empire State Building Owners Over IPO

By Kaitlin Ugolik ( March 1, 2012, 7:03 PM EST) -- Investors in the company that owns the Empire State Building filed a putative class action Thursday accusing Malkin Holdings LLC of breaching its fiduciary duty in connection with a planned $1 billion initial public offering and the creation of a real estate investment trust. . . .

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