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Chancery Orders Closing On $550M Cake Supply Co. Sale

By Jeff Montgomery (April 30, 2021, 6:56 PM EDT) -- Describing the outcome as "a victory for deal certainty," Delaware's soon-to-be chancellor ordered a balking buyer on Friday to close on a $550 million deal for the world's largest professional cake decoration supplier, rejecting claims that a business slump as the pandemic opened had crumbled the agreement....

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