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Lawsuit Overview
February 23, 2015 (Shareholders Foundation) - An investor, who currently holds shares of Exelis Inc (NYSE:XLS), filed a lawsuit in effort to stop the proposed takeover of Exelis Inc by Harris Corporation at $23.75 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:XLS stockholders by agreeing to sell Exelis Inc too cheaply via an unfair ...
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