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NetSpend Investor Claims $1.4B Buyout Favors PE Backers

By Jamie Santo ( February 22, 2013, 9:49 PM EST) -- A NetSpend Corp. shareholder launched a putative class action Friday aimed at halting the prepaid-card company's $1.4 billion takeover by card processor Total System Services Inc., claiming the deal shortchanges public investors for the benefit of private equity firms looking to cash out their holdings....

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