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United Capital Urges Chancery To Ax Challenge To Buyout

By Matt Chiappardi (October 5, 2016, 7:06 PM EDT) -- Real estate investment and management firm United Capital Corp. urged the Delaware Chancery Court on Wednesday to throw out claims challenging chairman and CEO A.F. Petrocelli's buyout of the company, valued at nearly $11.2 million, arguing suing shareholders should really be seeking appraisal if they're unhappy with the price....

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