Lawsuit Overview
An investor, who currently holds shares of HSN, Inc. (NASDAQ:HSNI), filed a lawsuit in effort to halt the proposed takeover of HSN, Inc. by Liberty Interactive Corporation for a value of $40.26 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:HSNI stockholders by agreeing to sell HSN, Inc cheaply via an unfair process to Liberty Inte...
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