Shareholders Spar With Public Companies

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The Recorder

An uptick in mergers and acquisitions has led to more litigation seeking to stop the deals

As 2009 has progressed, we have seen the return of significant public company mergers and acquisitions activity and, with it, shareholder litigation seeking to enjoin high-value deals. So far this year, there have been nearly 20 $100 million-plus acquisitions of public companies headquarters in California.