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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

$11B Tech Merger

Shareholders claim in a federal class action that directors are selling Ultimate Software too cheaply through an unfair process to a group led by Hellman & Friedman, for $331.50 a share, or $11 billion.

WILMINGTON, Del. — Shareholders claim in a federal class action that directors are selling Ultimate Software too cheaply through an unfair process to a group led by Hellman & Friedman, for $331.50 a share, or $11 billion.

Categories / Securities, Technology

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