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New Senior Can't Duck Shareholder Suit Over $640M Merger

By Ryan Boysen (February 21, 2018, 8:11 PM EST) -- New Senior Investment Group's board and its once-removed corporate overlord, Fortress Investment Group, can't dodge a derivative suit alleging that the senior housing REIT structured a $640 million deal to benefit Fortress at the expense of its own shareholders, Delaware's Chancery Court said Tuesday.   ...

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