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Freescale Shareholders Sue To Stop $12B NXP Takeover

By Matthew Perlman ( May 5, 2015, 11:45 AM EDT) -- Freescale Semiconductor Ltd. shareholders filed a putative class action in Texas federal court Monday seeking to stop a planned $11.8 billion takeover by NXP Semiconductors NV, arguing Freescale's directors were working in the interest of the company's private equity investors, not the public shareholders in approving the deal....

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