S1 Investor Sues Board Over Rebuff Of $540M ACI Offer
S1’s directors have ignored their fiduciary obligations to shareholders by refusing to negotiate with ACI on a superior offer and sticking with a planned merger with rival Fundtech Ltd., according to shareholder John M. Mang.
“The board has done so to preserve their own positions and to serve the interests of...
Already a subscriber? Click here to login