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In late February 2008 in litigation involving the acquisition of a public company that had put itself up for sale, a federal district court held that that no antitrust claim was stated where, out of all potential buyers solicited by the company, two private equity buyers who were the only bidders to make an actual offer to buy the company entered into a joint bid agreement to purchase the target
In late February 2008 in litigation involving the acquisition of a public company that had put itself up for sale, a federal district court held that that no antitrust claim was stated where, out of all potential buyers solicited by the company, two private equity buyers who were the only bidders to make an actual offer to buy the company entered into a joint bid agreement to purchase the target
