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AsiaInfo Investor Challenges $890M Take-Private Deal

By Jamie Santo ( June 13, 2013, 5:49 PM EDT) -- An AsiaInfo-Linkage Inc. investor launched a putative class action Tuesday aimed at blocking an $890 million bid to take the telecommunication software company private, saying the deal undervalues the company and will benefit private equity and insider backers at the expense of public shareholders....

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