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Food Delivery App Inks $80M Deal To End SPAC Merger Suit

By Sydney Price ( January 3, 2025, 6:00 PM EST) -- Investors suing mobile food delivery and ride-hailing services operator Grab Holdings Ltd. have asked a New York federal judge to preliminarily approve an $80 million deal to settle claims that several sections of a proxy statement Grab filed with a special purpose acquisition company were false and misleading....

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