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- Title
IN RE NINE SYSTEMS CORPORATION SHAREHOLDERS LITIGATION No. 3940-VCN.
- Abstract
The article discusses the decision of the Court of Chancery of the State of Delaware in case In Re Nine Systems Corporation Shareholders Litigation in which the plaintiffs filed a suit for claims against the defendants Akamai Technologies, Inc. The plaintiffs were the shareholders of the company Nine Systems Corporation, who received a notice from the Akamai regarding proposal for acquisition of the Nine Systems for 175 million U.S. dollars. The court granted the summary judgment to defendants.
- Subjects
DELAWARE. Court of Chancery; NINE Systems Corp.; AKAMAI Technologies Inc.; MERGERS &; acquisitions; SUMMARY judgments; ACTIONS &; defenses (Law)
- Publication
Delaware Journal of Corporate Law, 2013, Vol 38, Issue 1, p387
- ISSN
0364-9490
- Publication type
Article