Analogic Exits Investor Challenge to $1.1B Altaris Tie-Up
02.10.2019 | Law360
Patrick Dinardo and Nicholas O’Donnell were mentioned in the article, “Analogic Exits Investor Challenge to $1.1B Altaris Tie-Up,” published by Law360 [sub. req.] on October 1, 2019.
The article discusses the proposed shareholder class action by Sullivan client, Analogic, seeking damages over its $1.1 billion acquisition by private equity firm, Altaris Capital Partners. Analogic’s investors accused Altaris of improperly securing their approval for the deal, which closed in June 2018, by filing a false and misleading proxy statement that led Analogic to accept a lowball offer.