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.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post