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Lawsuit Overview
Mar. 6, 2013 (Shareholders Foundation) -- An investor in NYSE:ALC shares filed a lawsuit in effort to block the proposed takeover of Assisted Living Concepts, Inc. by private investment firm TPG to acquire Assisted Living Concepts, Inc. for $12, respectively $12.90, per NYSE:ALC share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:ALC stockho...
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