November 07, 2018
Internet service company Web.com Group Inc. investors who sued in Delaware to block the company's $2 billion acquisition by Siris Capital Group LLC have agreed to scuttle the federal court action following additional company disclosures about the deal.
September 12, 2018
An investor filed a proposed class action against Web.com Group Inc. in Delaware federal court claiming the company failed to provide enough information for shareholders to vote on a roughly $2 billion merger deal proposed with private equity firm Siris Capital Group LLC.