Hypercom Drops VeriFone Confidentiality Breach Suit
In a statement Thursday, Hypercom said it withdrew the lawsuit, filed Sept. 23 in the Court of Chancery of the State of Delaware, only after VeriFone announced its tender offer on Sept. 29. The litigation, Hypercom said, would have limited the information it could use to fight off the hostile bid.
According to the complaint, which was filed...
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