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Shareholder Sues Over $3.7B M&T Takeover Of Hudson City

By Jamie Santo (August 31, 2012, 7:02 PM EDT) -- A Hudson City Bancorp Inc. investor launched a putative class action in Delaware Chancery Court on Friday seeking to stop M&T Bank Corp.'s planned $3.7 billion takeover, claiming the poorly timed deal provides a "windfall" for the buyer but shortchanges shareholders....

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