German Appeals Court Nixes Suit Over Axed Porsche-VW Deal

By Stephanie Russell-Kraft (March 26, 2015, 6:18 PM EDT) -- A German appeals court on Thursday tossed a suit brought by a group of hedge funds claiming that they lost money in Porsche Automobil Holding SE after the company's unsuccessful effort to acquire Volkswagen AG, finding that the plaintiffs failed to show that Porsche had intended to cause harm with the way it conducted the bid....

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