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Cathay Bank Says Macquarie Hid $100M DTG Rival Acquisition

By Rachel Riley ( April 23, 2026, 8:35 PM EDT) -- Cathay Bank sued Macquarie's asset management arm and the former executives of recycling company DTG Enterprises in Washington federal court Wednesday, claiming they tricked lenders into backing a $540 million buyout by misrepresenting DTG's financial viability and concealing a plan to acquire its largest competitor for $100 million....

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