Hoover’s Shareholder Sues Over Pending

Hoover’s Shareholder Sues Over Pending D&B Takeover: This one is going to the wire: Hoover’s shareholder Marathon Partners LP filed a lawsuit against the company over its pending acquisition by Dun & Bradstreet. Marathon Partners holds an 8.8 percent stake in Hoover’s, which creates and publishes business information, mainly for distribution via the Internet. D&B has agreed to acquire Hoover’s for $7 a share, or about $117 million. Marathon Partners has said the $7-a-share merger price is “grossly inadequate.”

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