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Liverpool restraining order dropped

Updated: October 15, 2010, 9:52 AM ET
Associated Press

LONDON -- Liverpool's American owners dropped their Texas court case against the sale of the club on Friday, removing a major obstacle to a takeover by the parent company of the Boston Red Sox. But they vowed to pursue a $1.6 billion damages claim over what they called the "illegal" buyout.

Tom Hicks and George Gillett Jr. announced they had withdrawn the temporary restraining order they obtained in Dallas to block the $476 million sale.

The move could allow the club to complete the ...

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