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Onix Networking Buyer Sues Seller In Del. Alleging Deal Fraud

By Jeff Montgomery ( March 15, 2024, 2:07 PM EDT) -- A private equity firm that bought Onix Networking Corp. in 2022 has sued the company's former owners in Delaware's Court of Chancery to rescind part of the deal, alleging seller fraud and misrepresentation of annual revenues by "tens of millions of dollars."...

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