By  on February 1, 2011

The uneasy peace between J. Crew Group Inc. and shareholders contesting its acquisition by TPG Capital and Leonard Green & Partners has come to an end.

Stuart Grant, an attorney at Grant & Eisenhofer, told Delaware Chancery Court vice chancellor Leo Strine Jr. that the plaintiffs were no longer supporting the settlement they had hammered out just minutes before the “go-shop” provision of the J. Crew takeover agreement expired at midnight on Jan. 15.

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