Chancery Trims $161M Spanish Broadcaster Investor Suit
By Darcy Reddan ( August 27, 2018, 8:38 PM EDT) -- The Delaware Chancery Court on Monday trimmed claims brought against Spanish Broadcasting System Inc. by 11 funds that had invested in the company and are seeking redemption of $161 million in preferred stock and a bar on company debt additions, finding that the investors wanted relief already sought under breach of contract claims....
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