Wednesday, May 31, 2017

Chancery Cuts SWS Merger Price In Blow To Investors

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A shareholder lawsuit seeking a Delaware Chancery Court appraisal of a $350 million merger price turned against holdout investors Tuesday, with a fair value ruling that will pay 7.8 percent less for Texas-based bank and broker-dealer SWS Group Inc. than the official deal.

May 31, 2017 at 06:07AM

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