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Cosmetics Co. To Pay $5.6M To End Suit Over Bungled Merger

By Braden Campbell (October 14, 2016, 7:57 PM EDT) -- A cosmetics company will pay $5.6 million to settle a consolidated investor class action claiming it ignored a merger offer worth $74.9 million in 2012 while taking steps toward consummating a deal that would have paid shareholders about $10 million less, according to a document filed Thursday in Delaware Chancery Court....

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