Shareholder Vote Sinks Suit Over $1.6B Infoblox Deal
By Vince Sullivan ( October 10, 2017, 8:50 PM EDT) -- A shareholder suit challenging the $1.6 billion acquisition of network security firm Infoblox Inc. by Vista Equity Partners failed to survive a motion to dismiss Tuesday when a Delaware judge said a shareholder vote approving the merger was fully informed and subjected the deal to scrutinization under the lenient business judgment rule....
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