What does Merger Objection Lawsuit mean? Read on to discover the definition & meaning of the term Merger Objection Lawsuit - to help you better understand the language used in insurance policies.
Merger Objection Lawsuit
A lawsuit filed by dissatisfied shareholders of a company that is soon to be or has recently been acquired by another company. Merger objection lawsuits usually name directors and officers of the acquired company as defendants, who shareholders believe have breached their fiduciary duty to protect their interests in the course of negotiating and consummating the merger transaction.
We hope the you have a better understanding of the meaning of Merger Objection Lawsuit.