Published 3 years ago • loading... • Updated 3 years ago

Magnet Forensics shareholder Nellore challenges value of takeover deal

Summary by Ground News

Nellore Capital Management LLC founder and portfolio manager Sakya Duvvuru says if he and Magnet cannot reach a deal on the company's valuation, the matter will be decided through court proceedings. The takeover needed two-thirds of support from all investors and a majority of votes in favour from subordinate voting shareholders before it can seek approval.

28 Articles

Financial Post

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Magnet Forensics shareholder Nellore challenges value of takeover deal by Thoma Bravo

A Magnet Forensics shareholder challenged the price tag on the proposed $1.8 billion takeover of the cybersecurity company. Read on.

3 years ago·Toronto, Canada

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Dawson Creek Mirror

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Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.

3 years ago·British Columbia, Canada

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Timmins Today

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Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.

3 years ago·Timmins, Canada

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Mountainview Today

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Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.

3 years ago

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New West Record

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Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.

3 years ago

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Lakeland Today

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Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.

3 years ago

Read Full Article

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