Investor's ETE Claims Are Derivative, Williams Board Says
By Martin O'Sullivan ( October 24, 2016, 4:47 PM EDT) -- Current and former directors of pipeline company Williams Cos. Inc. urged the Delaware Chancery Court on Friday to toss an investor's suit alleging that their defensive tactics against a rival's early takeover advances spurred $428 million in unnecessary losses, saying the claims are derivative since the merger never happened....
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