Investors In Failed Manila Casino Deal Sue For SPAC Shares

By Leslie A. Pappas (April 18, 2024, 7:09 PM EDT) -- Shareholders in a blank-check company that failed to take a Philippines casino public have intervened in two Delaware Chancery Court lawsuits to recoup their failed investments, with one seeking to litigate damages from the busted $2.6 billion deal and the other pushing for the company's liquidation....

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