Idola Blogs

Apr 28, 2009 – Two investors in Metavante filed lawsuits on behalf of current investors in shares of Metavante Technologies, Inc. (NYSE: MV), who purchased their shares prior to the proposed takeover of Metavante by Fidelity National Information Services for $2.94 billion in stock, in Milwaukee County Circuit Court against Metavante, its CEO, directors, and others alleging the offered price is too low and the board of directors breached their financial duties in agreeing to the sale under the present conditions.

via Metavante Technologies, Inc. Takeover Investor Lawsuits.