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Investors Can't Block $1.6B Oil Co. Merger, Chancery Says

By Leslie A. Pappas ( February 27, 2024, 5:11 PM EST) -- Warrant holders of deep-water oil producer QuarterNorth Energy who say they're being dragged unwillingly into its $1.6 billion merger with Talos Energy may not prevent the cashing out of their warrants because it could jeopardize the transaction and hurt QuarterNorth shareholders, Delaware's Court of Chancery has ruled....

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