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El Paso Unit Asks Court To Drill Investor Suit Over $895M Deal

By Jamie Santo (March 28, 2014, 8:22 PM EDT) -- A unit of El Paso Corp. unit urged a Delaware Chancery judge Friday to toss a putative class action challenging an $895 million acquisition of a natural gas company, saying the investor suit must fail because directors considered and approved the transaction in good faith....

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