Judge allows Dyal Capital Partners to proceed with $12 B merger

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Judge allows Dyal Capital Partners to proceed with $12 B merger

Sixth Street wanted Zurn to forbid Dyal from transferring its interests in the 2017 merger to Owl Rock while she weighs whether a 2017 agreement gives Dyal Capital Partners the right to halt the deal, under which Dyal bought a 10% stake in Sixth Street.Sixth Street wanted Dyal to suppress the agreement during its confidential information and consent rights granted in the 2017 deal.

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