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Monday, April 15, 2024 | Back issues
Courthouse News Service Courthouse News Service

$8.8 Billion Tech Merger

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.

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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