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Verizon To Pay $95M To Settle FairPoint Acquisition Row

Law360, New York (August 13, 2014, 7:31 PM EDT) -- Verizon Communications Inc. has agreed to pay FairPoint Communications Inc.’s litigation trust $95 million to settle a $2 billion fraudulent transfer suit alleging Verizon lured FairPoint into a “disastrous” acquisition that...
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