Delaware’s top court Thursday rejected billionaire Barry Diller‘s invitation to streamline M&A dealmaking between companies and their controlling stockholders, upholding a legal framework that requires heightened scrutiny of certain insider transactions.
The state’s justices partly reversed a lower court judge’s decision to uphold the transaction that separated
Read More: Match.com Appeal Hearing Tees Up Major Ruling on Insider Deals
Diller and IAC had argued that the ...
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