ADIC Lawsuit Puts EMG’s Ascent Deal in Limbo as Mason & Kimmeridge Pitch Higher Bids

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EMG is facing a Delaware lawsuit from Abu Dhabi Investment Council...

Mason Capital has made an all-cash offer for all Ascent units, pit...

Kimmeridge has submitted a competing ~$6 billion bid, exceeding EM...

Ascent’s strong cash flow, moderate leverage and ample liquidity...