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Anaplan Beats Chancery Suit Over $10.4B Thoma Bravo Deal

By Katryna Perera ( June 24, 2024, 6:56 PM EDT) -- A Delaware vice chancellor has tossed a consolidated suit alleging that former officers of Anaplan Inc. "squandered" roughly $400 million in shareholder value when agreeing to the company's $10.4 billion sale to private equity firm Thoma Bravo, saying the suit fails because the stockholders approved the transaction through an informed and uncoerced vote....

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