Summary:

Hoover’s Dissidents Cite Earnings in Oppoesition to Deal: Dissident shareholders of Hoover’s are determined to derail the proposed takeover…

Hoover’s Dissidents Cite Earnings in Oppoesition to Deal: Dissident shareholders of Hoover’s are determined to derail the proposed takeover by Dun & Bradstreet. “I hope the Hoover’s board took note of the company’s results,” said Mario Cibelli, managing partner of Marathon Partners, an investment partnership that owns 9 percent of Hoover’s, and a vocal opponent of the merger. “How much more evidence does the Hoover’s board need to understand that D&B’s offer of $7 a share is grossly inadequate?”

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