 Merrion Investment Management Co. said Thursday it opposes the proposed 8.4 billion buyout deal for Avalara Inc. AVLR, -0.01 at 93.50 a share. Merrio, which owns 31,925 shares of Avalara with a value of about 3 million, said the Aug. 8 deal is not necessary because the company is perfectly capable of remaining independent and has many years of profitable growth ahead. 