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Monday, June 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

T. Boone Pickens

DALLAS - Exco Resources' board, including T. Boone Pickens, is selling the company to its CEO Douglas Miller - backed by co-defendants Pickens, Oaktree Capital Management and Ares Management - for the grossly inadequate price of $20.50, or $4.4 billion, through an unfair process, shareholders say in a derivative complaint.

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