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TIAA Tells Chancery It Doesn't Owe Earnout In Nuveen Deal

By Vince Sullivan (February 13, 2019, 8:25 PM EST) -- Financial services firm Teachers Insurance and Annuity Association of America told a Delaware Chancery judge Wednesday that it doesn't owe additional earnout payments related to its acquisition of Nuveen Investments Inc. because the transaction agreement is clear that only certain revenues are subject to the earnout calculation....

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