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Web-technology holding company Sensar Corp. tried several complex maneuvers to persuade Nasdaq officials not to delist it in the event of its planned merger with wireless start-up Net2Wireless. But Nasdaq's concerns about questionable dealings by at least two of Net2Wireless' shareholders and the companies' inability to gather enough shareholders to approve the merger proxy, led the companies to call off the deal.
December 12, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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