Chancery Asks If Jefferies Spiked Defense In $189M Deal
By Jeff Montgomery ( April 3, 2020, 4:46 PM EDT) -- Delaware's chancellor pressed an attorney for Jefferies Financial Group Friday to explain how its allegedly tainted pre-deal contacts with key HomeFed Corp. minority investors failed to "put the nail in the coffin" of claims that its $189 million take-private merger in mid-2019 deserved business judgment deference....
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