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The Delaware Court of Chancery has approved the $770 million sale of TransPerfect Global Inc. to co-founder and CEO Philip R. Shawe, rejecting a bid from his rival to unravel the deal and bringing nearly four years of fierce litigation to the verge of its final resolution.
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Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at firstname.lastname@example.org. Follow him on Twitter @TMcParlandTLI.