Summary:

Hoover’s Sets Record Date For Shareholder Vote On D&B Buy: Hoover’s set Thursday as the record date for its shareholder meeting to vote on i…

Hoover’s Sets Record Date For Shareholder Vote On D&B Buy: Hoover’s set Thursday as the record date for its shareholder meeting to vote on its proposed acquisition by Dun & Bradstreet. On Dec. 5, D&B agreed to acquire Hoover’s for $7 a share or about $117 million. But a group including Marathon Partners LP and investor Mario Cibelli has said it’s “vehemently opposed” to the deal and that the $7-a-share merger price is “grossly inadequate.” The group said it would be interested in acquiring Hoover’s if it’s put up for sale in an open auction – but would prefer that the company remain independent.

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