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The Delaware Supreme Court on Monday ruled that Exelon General Acquisitions’ decision to change the location of a Michigan wind farm allowed the company to avoid a $14 million earn-out payment to Deere & Co. stemming from its 2010 purchase of Deere’s wind-energy business.
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Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at email@example.com. Follow him on Twitter @TMcParlandTLI.