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BRIEFLY

Anderson, Clayton won another round in court.

June 09, 1986

Delaware Chancery Court Judge William T. Allen rejected a request to block the Houston-based food company's $45-a-share buy-back plan, which was approved by 80% of its shareholders last week. Allen rejected claims by a shareholders group that Anderson, Clayton failed to fully disclose the value of the company's businesses in its proxy statements. Anderson, Clayton is fighting a hostile takeover offer.

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