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Comverge Directors Say Shareholder Merger Suit Has Run Dry

By Vince Sullivan ( July 21, 2016, 8:26 PM EDT) -- Officers of energy management technology company Comverge Inc. argued Thursday in Delaware Chancery Court that a stockholder suit with one remaining claim challenging its 2012 merger with HIG Capital LLC should end, saying the board did not breach its fiduciary duties by granting deal protections to the buyer....

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