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Chancery Court Denies Reversal Of $1B ETE Equity Issue

By Darcy Reddan (May 17, 2018, 8:24 PM EDT) -- A Delaware state court on Thursday declined to cancel a $1 billion convertible unit distribution by Kelcy Warren's Energy Transfer Equity LP, ruling that while ETE did breach its limited partnership agreement, the court lacked authority to cancel the transfer of securities....

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