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Judge Cans Class Action Over BJ's $2.8B Buyout

By Kaitlin Ugolik (January 31, 2013, 8:01 PM EST) -- A Delaware Chancery judge Thursday tossed a shareholder class action over private equity firm Leonard Green & Partners LP's $2.8 billion buyout of BJ's Wholesale Club Inc., finding the plaintiffs failed to show BJ's board had acted in bad faith in agreeing to the deal....

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