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Shareholder Claims Nixed In $127M Answers Buyout Row

By Jamie Santo (February 3, 2014, 9:56 PM EST) -- A Delaware Chancery Court judge rejected allegations brought by Answers Corp. shareholders over the Internet company's $127 million acquisition by private equity firm Summit Partners, finding Monday that the evidence failed to support claims that Answers' board and the buyout group acted improperly....

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