It'll still proceed. When there's a takeover the buyer will go through a legal review, and the class action will be a main point in their due diligence to address.
I would think the class action will more likely be resolved in favour of the participants, as the buyer would want this to be resolved more quickly and move forward. The management stuffed up big time in the handling of their announcements back in late 2016.
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It'll still proceed. When there's a takeover the buyer will go...
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