Del. Justices Reverse Toss Of $7.3B Inovalon Deal Challenge

By Jade Martinez-Pogue (May 1, 2024, 6:40 PM EDT) -- Delaware's top court on Wednesday reversed a Chancery Court dismissal of stockholder challenges to the $7.3 billion go-private sale of Inovalon Holdings Inc. to Nordic Capital, saying that the lower court wrongly concluded that minority investors were adequately informed about the deal and special committee conflicts of interest....

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