Casino to Settle Del. SPAC Lawsuit Despite Hedge Fund Intervention
A casino company has agreed to settle a lawsuit involving a Delaware-based SPAC, even as a hedge fund intervenes in the case. The legal dispute, which centers around the merger between the casino and the SPAC, has been complicated by the hedge fund's attempts to influence the outcome. Despite this external pressure, the parties have reached an agreement to resolve the matter, potentially ending months of litigation.
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