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Edgenet Gets Green Light On Parallax Stalking Horse Plan

By Matt Chiappardi (May 5, 2014, 5:40 PM EDT) -- A Delaware bankruptcy judge gave private equity-owned data technology company Edgenet Inc. the nod Monday for its planned stalking horse sale plan to a unit of Parallax Capital Partners LLC after the debtor removed a provision requiring a purchaser to pay $1 million in bonuses to its executives....

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