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Chancery Halts Vote On Medley-Sierra Merger

By Rose Krebs (March 11, 2019, 11:08 PM EDT) -- Stockholders can't vote on a complex merger involving Medley Capital Corp. and Sierra Income Corp. until disclosures are amended to provide additional information to Medley Capital's investors about conflicts of interest that tainted negotiations in the run-up to the proposal, a Delaware vice chancellor ruled Monday....

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