Sunday, November 28, 2021

2nd Circuit Revives Suit Over $9.3B Take-Private Deal, Backdoor Listing of Chinese Tech Firm

Investors claimed in the lawsuit that the buyer group planned all along to relist Qihoo in China, and that the financial projections the company provided to its buyers differed from those included in its proxy materials, causing them to sell their shares at "artificially deflated" prices.       
http://dlvr.it/SDNRWN

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