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Dismissal Of Aerospace Firm Sale Challenge Upheld In Del.

By Vince Sullivan (March 15, 2018, 6:06 PM EDT) -- A shareholder suit challenging the $34 million sale of a New Jersey airplane parts manufacturer will not be revived after the Delaware Supreme Court upheld a dismissal of the action Thursday, agreeing with the lower court's ruling that the complaint did not show the company directors breached their fiduciary duties....

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