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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.

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Financial PostFinancial Post

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.

·Canada
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Dawson Creek MirrorDawson Creek Mirror

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.

·British Columbia, Canada
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PiquePique

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.

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Mountainview TodayMountainview Today

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.

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New West RecordNew West Record

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.

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Lakeland TodayLakeland Today

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.

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Midland Today broke the news in on Friday, March 24, 2023.
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