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CDK Global Stockholder Calls $8.3B Brookfield Deal Unfair

Law 360 M&A

A stockholder of CDK Global Inc. has sued the automotive retail technology company over its pending $8.3 billion merger with Brookfield Business Partners, asserting that financial adviser Morgan Stanley and CDK directors breached their fiduciary duties when structuring the deal.

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Brookfield to Acquire CDK Global Inc.

Benzinga

BROOKFIELD NEWS, April 07, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC , BBU, TSX: BBUC , BBU.UN)), together with institutional partners (collectively "Brookfield") today announced an agreement to acquire CDK Global Inc. NASDAQ: CDK ) ("CDK Global" or the "Company") for $54.87

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