Cisco Systems Inc and Telebit Corp are being sued in Massachusetts Superior Court over the deal under which Cisco acquires most of Telebit on grounds that the merger and asset sale would not be in the best interest of Telebit’s shareholders, and that the amount being paid would be below fair market value.
Cisco Systems Inc and Telebit Corp are being sued in Massachusetts Superior Court over the deal under which Cisco acquires most of Telebit on grounds that the merger and asset sale would not be in the best interest of Telebit’s shareholders, and that the amount being paid would be below fair market value.