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JPetroInc

02/04/09 7:51 AM

#152491 RE: neom2006 #152483

"The massive amounts of money involved in going private transactions create enormous opportunities for conflicts of interest to arise, particularly where incumbent management stands to benefit if a specific buyout group succeeds. These circumstances present a serious risk for claims against the directors and officers of the target companies."

http://dandodiary.blogspot.com/2007/05/going-private-lawsuits-surge.html

Litigation will be swift, long, expensive and all encompassing against a potential swing towards private ownership.