Chancery Won't Toss $189M Jefferies-HomeFed Merger Suit

By Jeff Montgomery (July 13, 2020, 9:39 PM EDT) -- Diversified financial company Jefferies Financial Group Inc. and seven HomeFed Corp. directors on Monday lost a bid for dismissal of a Chancery Court suit accusing them of unfair conduct in a $189 million, two-for-one stock deal that gave Jefferies all HomeFed stock not already owned by the financial company....

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