A federal judge issued a temporary order...
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A federal judge issued a temporary order halting a tender offer for Clemente Global Growth Fund Inc. made by an investment group that includes the son of T. Boone Pickens Jr., Thomas Pickens III. The judge stopped Grace-Pickens Global Acquisition Partners from completing its tender offer set to expire today and from taking steps to further the offer, pending the resolution of a suit brought by Clemente. Clemente, formed in 1987, is a diversified investment company.
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