RBC fails to overturn $76 mln judgment over Rural/Metro sale: Reuters
The Delaware Supreme Court has upheld a US$76 million damage award against RBC Capital Markets for its role in the 2011 sale of ambulance company Rural/Metro but described its closely watched decision as a narrow one, Reuters reported. The court found RBC was liable for convincing the company's board to rush into a US$438 million buyout led by private equity firm Warburg Pincus.
30 November 2015•3 mins read
