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Friday, June 21, 2024 | Back issues
Courthouse News Service Courthouse News Service

Tech Merger

In a federal class action, shareholders claim directors omitted or misrepresented material information about the proposed $2 billion merger between SendGrid, a cloud-computing platform, and Twilio, for 0.485 shares of Twilio stock for each share of SendGrid.

DENVER — In a federal class action, shareholders claim directors omitted or misrepresented material information about the proposed $2 billion merger between SendGrid, a cloud-computing platform, and Twilio, for 0.485 shares of Twilio stock for each share of SendGrid.

Categories / Securities, Technology

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