SEO News
Search

Lawsuit Filed in IAC/Ask Jeeves Acquisition

by , Comments

Are legal issues going to cause problems for the IAC/Ask Jeeves deal?

The New York Post reports that an Ask Jeeves shareholder has filed a lawsuit in Deleware saying that AJ execs did not get a fair price for the company.

Ask Jeeves shareholder Richard Wiltsie said in a suit filed yesterday in Delaware Chancery Court that company directors agreed to the deal "without fulfilling their most basic obligation to conduct a full and fair sale process" to get the best price.

More in the article: Suit Says Iac Bid For Ask Jeeves Too Low


ClickZ Live San Francisco This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) will bring together the industry's leading online marketing practitioners to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, the comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!

Recommend this story

comments powered by Disqus