Lawsuit Overview
An investor in Sybase filed a lawsuit in California Court on behalf of current investors in Sybase, Inc. (NYSE:SY) to block SAP AG’s proposed $5.8billion takeover alleging breaches of fiduciary duty by the board of directors of Sybase for selling Sybase too cheap to SAP AG. Last Wednesday Sybase, Inc. (NYSE: SY) and SAP AG (NYSE: SAP) announced that SAP’s subsidiary, SAP America, Inc...
You must register (for free) or login to view the entire case.