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Ex-CEO sues Children’s Place

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From Times Wire Services

Children’s Place Retail Stores Inc., the clothing chain that operates Disney apparel shops, was sued by its former chief executive, who wants to begin a takeover bid.

Ezra Dabah, who resigned at the board’s request in September over stock-trading policies, asked a Delaware Chancery Court judge to order the Secaucus, N.J., firm to hold an annual meeting promptly for election of directors.

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