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AmeriGas shareholder sues to stop UGI"s $2.4 billion acquisition

An AmeriGas shareholder is suing the company and UGI Corp., which is in the midst of a $2.4 billion deal to take control of the propane company, alleging UGI’s proxy statement contained "materially incomplete and misleading information” about the t.....»»

Category: topSource: bizjournalsJul 11th, 2019

Apptio shareholder sues after the company strikes a $2 billion deal

The lawsuit alleges Apptio and its directors — including CEO Sunny Gupta, Madrona Venture Group's Matt McIlwain and former F5 Networks CEO John McAdam — omitted information about the proposed acquisition in a proxy statement......»»

Category: topSource: bizjournalsDec 10th, 2018

Shareholder lawsuit unlikely to block Salesforce acquisition of Tableau

The class action lawsuit seeks to block the $15.7 billion deal, which is expected to close in October......»»

Category: topSource: bizjournalsJul 15th, 2019

Advisory firm suggests Centene, WellCare stockholders approve $17.3B acquisition

A prominent proxy firm on Wednesday recommended that shareholders vote in favor of Centene Corp.’s $17.3 billion acquisition of WellCare Health Plans. In a release, managed care provider Centene announced that Institutional Shareholder Services In.....»»

Category: topSource: bizjournalsJun 13th, 2019

Sears sues former chairman Eddie Lampert

Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets......»»

Category: topSource: foxnewsApr 18th, 2019

SunTrust Banks shareholder sues to block $66 billion merger with BB&T

In a complaint filed April 10 in federal court in Atlanta, LR Trust charges that the deal violates the Securities Exchange Act of 1934 and is seeking to block a shareholder vote on the deal......»»

Category: topSource: bizjournalsApr 11th, 2019

CBS sues controlling shareholder Redstone to stop Viacom merger plan

(Reuters) - CBS Corp on Monday filed a lawsuit to stop controlling shareholder Shari Redstone continuing with her plan to merge it with Viacom Inc , saying such a deal would harm its shareholders......»»

Category: topSource: reutersMay 14th, 2018

Takeda shareholder group aims to block $62 billion Shire deal

TOKYO (Reuters) - A group of Takeda Pharmaceutical Co Ltd shareholders is trying to build support to block the $62 billion acquisition of London-listed Shire Plc at an extraordinary general meeting, a leading member of the group told Reuters on Monday......»»

Category: topSource: reutersJun 11th, 2018

Takeda shareholder group aims to block $62B Shire deal

A group of Takeda Pharmaceutical shareholders is trying to build support to block the $62 billion acquisition of London-listed Shire at an extraordinary general meeting, a leading member of the group told Reuters on Monday......»»

Category: topSource: moneycentralJun 11th, 2018

Takeda shareholder group proposal fails to pass at AGM

TOKYO (Reuters) - A group of Takeda Pharmaceutical Co Ltd shareholders trying to build support to block the $62 billion acquisition of London-listed Shire Plc failed to get a proposal passed at the drugmaker's annual general meeting (AGM) on Thursday......»»

Category: topSource: reutersJun 28th, 2018

Why Carl Icahn Changed His Mind on the Cigna–Express Scripts Deal He Once Called a ‘Travesty’

He had vehemently opposed the deal. Activist investor Carl Icahn has dropped his fight to block Cigna Corp.'s $54 billion acquisition of Express Scripts Holding Co. after two prominent shareholder adv.....»»

Category: europeSource: fortuneAug 14th, 2018

Founder sues Papa John"s board to stop "irreparable harm"

The founder and largest shareholder of Papa John's International Inc sued the pizza chain's board and chief executive late on Thursday to stop what he described as "the irreparable harm" they are causing the company, according to a court filing......»»

Category: topSource: reutersAug 31st, 2018

Founder sues Papa John"s board to stop alleged irreparable harm

The founder and largest shareholder of Papa John's International Inc sued the pizza chain's board and chief executive late on Thursday to stop what he described as "the irreparable harm" they are causing the company, according to a court filing......»»

Category: topSource: moneycentralAug 31st, 2018

Adobe Buys Marketing-Automation Firm Marketo for $4.75 Billion

Adobe Systems agreed to acquire marketing-automation firm Marketo for $4.75 billion, its largest acquisition ever and the latest sign of its ambition to become a one-stop-shop for marketers......»»

Category: smallbizSource: wsjSep 20th, 2018

Judge may stop CVS-Aetna merger

A federal judge said yesterday that he might halt CVS’ integration of health insurer Aetna’s assets in a nearly $70 billion acquisition the Justice Department and other regulators have signed off on.... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 4th, 2018

Supervalu buyer sues Goldman Sachs over $2.9B deal

United Natural Foods Inc., which bought Supervalu Inc. in a $2.9 billion deal last year, is suing Goldman Sachs and other banks over advice in how the acquisition was structured.  The Wall Street Journal has details of the lawsuit filed in New Yor.....»»

Category: topSource: bizjournalsFeb 1st, 2019

Bristol-Myers shares up after top investor resists Celgene deal

Bristol-Myers Squibb Co expressed disappointment on Thursday with the opposition of its top shareholder to a $74 billion takeover of Celgene Corp, and said it would press on with what would be the largest pharmaceutical acquisition of all time......»»

Category: topSource: reutersFeb 28th, 2019

Sunrise hits snag after announcing $6.3 billion deal for Liberty Global"s Swiss assets

Sunrise Communications' $6.3 billion deal to buy U.S. cable giant Liberty Global's Swiss assets, announced on Thursday, immediately hit a snag as a key shareholder said it would shun a planned rights issue to finance the acquisition......»»

Category: topSource: reutersFeb 28th, 2019

Walmart Got a Hidden Gem in Its $16 Billion Flipkart Acquisition

Walmart Got a Hidden Gem in Its $16 Billion Flipkart Acquisition.....»»

Category: futuresSource: nasdaqJul 15th, 2019

The $10-billion surprise hiding inside Walmart’s acquisition of Flipkart

When Walmart Inc. paid $16 billion for control of .....»»

Category: topSource: latimesJul 10th, 2019

IBM closes $34 billion deal to buy Red Hat to boost cloud business

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business......»»

Category: topSource: reutersJul 9th, 2019