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Shareholders rights law firms launch investigations into News Corp/Move deal
Sep 30, 2014Within hours of the deal’s announcement, the law firms of Johnson & Weaver, Rigrodsky & Long, Powers Taylor, and Levi & Korsinsky all announced investigations into whether Move breached its fiduciary responsibility to its shareholders by accepting $21 per share in the sale to News Corp instead of a higher valuation.
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News Corp will buy Move for $950 million
Sep 30, 2014