Shareholder Class Action
Shareholders claim in a federal class action that directors are selling the medical-device company K2M Group Holdings too cheaply through an unfair process to Stryker Corp., for $27.50 a share or $1.4 billion.
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Investors Sue After Essendant Spurns Merger in Favor of Staples Deal
Essendant Inc. faces a class action from investors after terminating a merger agreement with Genuine Parts Co. in favour of an offer from Staples.
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Sprint Shareholders Sue for More Info on $59 Billion T-Mobile Deal
(CN) – Shareholders claim in a class action that the acquisition of Sprint by rival T-Mobile for an estimated $59
Read moreJustice Department Signs Off on CVS-Aetna Merger
The Justice Department on Wednesday gave its preliminary approval to CVS’s $69 billion purchase of Aetna after the two companies agreed to spin off Aetna’s Medicare Part D prescription drug plan business.
Read moreTech Merger Challenged
Shareholders brought a class action to challenge the sale of KMG Corp. to Cabot Microelectronics for $863 million, at $55.65 a share plus 0.2 shares of Cabot for each KMG share.
Read moreOffice Supplies Merger
Shareholders brought a federal class action to challenge the sale of the office-supply company Essendant to Staples for $482 million or $12.80 a share.
Read moreMerger of United Technologies, Rockwell Collins Gets Go-Ahead
Aerospace giant United Technologies Corporation can pay $30 billion to acquire Rockwell Collins, but not without divesting two of the latter’s businesses, the Justice Department concluded Monday.
Read moreFTC Blocks Merger
The FTC blocked a merger Monday between two large providers of marine water treatment chemicals and related services — the Drew Marine Group and Wilhelmsen Maritime Services dba Resolute Fund II — finding that it would reduce competition.
Read moreWalgreen’s Whacked
Walgreen’s reached a $34.5 million settlement Friday with the Securities and Exchange Commission for misleading investors about its 2012 merger with Alliance Boots GmbH.
Read moreCourt Urged to Clear Way for AT&T-Time Warner Merger
AT&T accused the Justice Department Thursday of mischaracterizing and ignoring key findings by the judge who cleared the way in June for telecom giant’s $85 billion buyout of Time Warner.
Read moreFox-Comcast Battle to Buy Sky to Be Settled by Auction in UK
Comcast and 21st Century Fox will settle their battle for control of broadcaster Sky through a rare auction designed to put an end to months of offers and counteroffers from the American media empires seeking a foothold in the European pay TV market.
Read moreJudge Blocks Billion Dollar Merger of Pigment Firms
A federal judge has blocked the billion dollar merger of two industrial pigment companies saying a federal agency’s complaint alleging the union would harm consumers could survive a bench trial.
Read moreShareholder Class Action
A class of Tribune Media shareholders filed a lawsuit over the company’s failed effort to merge with Sinclair Broadcasting, claiming stock prices fell $6.44 per share when it was revealed that Tribune knew Sinclair was refusing to sell TV stations as part of the regulatory approval process.
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SuperValu Shareholders Sue to Block $2.9B Buyout
(CN) – SuperValu Inc. shareholders filed a class action challenging United Natural Foods’ plan to buy the grocery chain for
Read moreCaffeine Hit for Coca-Cola as It Buys Costa Coffee Chain
By PAN PYLAS LONDON (AP) — Coca-Cola is hoping for a caffeine-fueled boost with the acquisition of British coffee chain
Read moreSinclair Files Countersuit Against Tribune in Failed Merger Deal
The Sinclair Broadcast Group filed a countersuit Wednesday against its former merger partner Tribune Media — a delayed response to Tribune Media calling off its impending $3.9 billion merger with Sinclair and suing the broadcaster for $1 billion instead.
Read moreP&G-Merck Merger
The European Commission on Tuesday cleared the acquisition of Germany-based pharmaceutical giant Merck’s consumer health business by Procter & Gamble, finding only “a limited number of horizontal overlaps” and no effect on competition in the future.
Read moreShareholder Class Action
The Vladimir Gusinsky Rev. Trust is lead plaintiff in a federal shareholder class action against directors who are selling Supervalu supermarkets to United Natural Foods for $32.50 a share or $2.9 billion.
Read moreShareholder Class Action
Shareholders say in a federal class action that directors are selling KapStone Paper and Packaging too cheaply through an unfair process to WestRock Co./Whiskey Holdco, for $35 a share, or 0.4981 shares of Holdco, in a $4.9 billion deal.
Read more$19 Billion Tech Merger
Directors are selling CA Inc. too cheaply through an unfair process to Broadcom, for $44.50 a share or $18.9 billion, shareholders of the software company say in a federal class action.
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