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CD&R to Pay $70M to Settle Shareholders’ Lawsuit Over Covetrus Acquisition
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CD&R to Pay $70M to Settle Shareholders’ Lawsuit Over Covetrus Acquisition
Private equity firm Clayton Dubilier & Rice LLC (CD&R), along with affiliated companies and partners, has agreed to pay $70 million to settle a lawsuit filed by shareholders of animal health company Covetrus Inc. in Delaware’s Court of Chancery. The shareholders accused CD&R of failing to disclose critical information when partnering with another private equity
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