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Shareholder sues to block $5.2B Atlas Air merger

"Investors can come up with their own estimates," Stein said, in quoting a 2007 Delaware Chancery Court ruling. "What they cannot hope to do is replicate management's inside view of the company's prospects."

Southern Air pilots ratify interim deal with Atlas Air Worldwide

The pilots' union and airline cargo company are still fighting over collective bargaining agreements.