$8.8 Billion Tech Merger

Micro Focus International shareholders claim in a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/05/Micro-Focus.pdf">federal class action</a></strong> that the software company filed a misleading registration statement before its $8.8 billion merger with a spinoff of Hewlett-Packard, after which its share price dropped by more than half.

MANHATTAN — Micro Focus International shareholders claim in a federal class action that the software company filed a misleading registration statement before its $8.8 billion merger with a spinoff of Hewlett-Packard, after which its share price dropped by more than half. HP is not a party to the complaint.

Categories / Securities, Technology

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