Prime Computer Inc is breathing a little easier after the US Circuit Court of Appeals upheld a lower court ruling that enjoins MAI Basic Four Inc from proceeding with its $20-a-share tender offer for Prime on the grounds that shareholders are entitled to additional disclosures by MAI and its investment banker, Drexel Burnham Lambert Inc […]
Prime Computer Inc is breathing a little easier after the US Circuit Court of Appeals upheld a lower court ruling that enjoins MAI Basic Four Inc from proceeding with its $20-a-share tender offer for Prime on the grounds that shareholders are entitled to additional disclosures by MAI and its investment banker, Drexel Burnham Lambert Inc about their financing for the bid.
