Suitors Seek New CoreLogic Directors In $7B Takeover Battle
Law360 (July 29, 2020, 4:10 PM EDT) -- Cannae Holdings and Senator Investment Group proposed a new group of directors for CoreLogic as the real estate analytics company continues to reject the would-be acquirers' $7 billion takeover offer.
Cannae Holdings Inc. and Senator Investment Group LP said in an open letter Wednesday that they have initiated the process of calling a special shareholder meeting in which they will attempt to remove a majority of CoreLogic Inc.'s existing board and install nine other directors in their places.
"We … are moving forward with the process of calling a special meeting to remove a majority of the board and replace them...
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