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Friendly sale ends showdown

Proxy battle, lawsuit were in firm's future

By Jenn Abelson
Globe Staff / June 19, 2007

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Friendly Ice Cream Corp.'s decision to sell the Wilbraham chain to a private equity firm has headed off a proxy battle showdown and ended a bitter lawsuit filed by the company's co founder that accused Friendly's chairman of mismanagement. (Full article: 616 words)

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