Live Breaking News & Updates on Firefighter Pension System|Page 4

Stay updated with breaking news from Firefighter pension system. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Delaware Court of Chancery Allows Merger-Based Breach of Fiduciary Duty Claims to Proceed Against Target Company CEO, Financial Advisor, and Acquirer Stemming from Sale of Presidio, Inc. | Cadwalader, Wickersham & Taft LLP

To embed, copy and paste the code into your website or blog:
On January 29, 2021, Vice Chancellor Laster of the Delaware Court of Chancery refused to dismiss a shareholder class action stemming from the 2019, $2.2 billion sale of Presidio, Inc., an IT solutions provider specializing in digital infrastructure and cloud and security solutions, to BC Partners Advisors L.P. (“BCP”), a private-equity firm. In
Firefighters’ Pension System of the City of Kansas City v. Presidio, Inc., a shareholder of Presidio filed suit against Presidio’s CEO, its board of directors, Apollo Global Management LLC (Presidio’s controlling shareholder, owning approximately 42% of its outstanding common stock), LionTree Advisors, LLC (financial advisor to both Presidio and Apollo), and the acquiror, BCP. ....

New York , United States , City Of , United Kingdom , Gregory Patti , Myers Gen , Chester Cty , El Paso , Jason Halper , Emps Pension Fund , Holdings Inc , Wickersham Taft , Liontree Advisors , Laster Of The Delaware Court , Del Monte Foods Co , Mindbody Inc , Committee On Foreign Investment , Clayton Dubilier Rice , Del Monte , Financial Holdings , Revlon Inc , Presidio Inc , Capital Markets , El Paso Corp , Credit Suisse , Rbc Capital Markets ,

Del. Chancery Allows Merger-Based Breach of Fiduciary Duty Claims to Proceed

Del. Chancery Allows Merger-Based Breach of Fiduciary Duty Claims to Proceed
natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.

New York , United States , City Of , United Kingdom , Gregory Patti , Myers Gen , Chester Cty , El Paso , Jason Halper , Emps Pension Fund , Holdings Inc , Wickersham Taft , Liontree Advisors , Laster Of The Delaware Court , Del Monte Foods Co , Mindbody Inc , Committee On Foreign Investment , Clayton Dubilier Rice , Del Monte , Financial Holdings , Revlon Inc , Presidio Inc , Capital Markets , El Paso Corp , Credit Suisse , Rbc Capital Markets ,