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Chancery Sends $55B Time Warner-Charter Deal Suit To Trial

By Leslie A. Pappas (May 2, 2022, 9:48 PM EDT) -- A nearly seven-year-old stockholder challenge to the $55 billion Charter Communications Inc.–Time Warner Cable Inc. merger in 2015 survived summary judgment challenges in Delaware's Chancery Court on Monday, with a vice chancellor finding sufficient evidence to justify going to trial on claims that a majority of the board of directors lacked independence in the deal....

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