Baylin Tech (TSE:BYL) has released an update.
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Baylin Technologies Inc. faced a setback as the Court of Appeal for Ontario dismissed its appeal to keep $1.8 million received from an escrow fund related to a 2018 acquisition. The court upheld the decision that Baylin must return the funds, along with interest, due to a failure to comply with notice provisions in the escrow agreement.
For further insights into TSE:BYL stock, check out TipRanks’ Stock Analysis page.
