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Icahn Asks Chancery To Ax Federal-Mogul Takeover Challenge

By Rick Archer (May 8, 2017, 4:30 PM EDT) -- Billionaire Carl Icahn's private investment vehicle Friday defended his $1.7 billion merger with auto parts maker Federal-Mogul Holdings Corp. in Delaware Chancery Court, saying the directors that approved the deal acted independently in the best interests of the shareholders....

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