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PE Firm Tells 5th Circ. It Got Pushed Out Of EV Co. Acquisition

By Spencer Brewer (June 4, 2024, 11:15 PM EDT) -- Texas-based private equity company Ancor Holdings LP says it got pushed out of an acquisition deal by another private equity group it brought in as backup, arguing in oral arguments at the Fifth Circuit on Tuesday that a binding letter of intent means it's entitled to future profits....

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