Dril-Quip Investor Alleges Merger Will Entrench Board
Law 360 M&A
MARCH 22, 2024
A shareholder of oil drilling equipment company Dril-Quip Inc. hit its directors with a proposed class action in Delaware Chancery Court, alleging they added unreasonable provisions to the terms of its merger with Innovex Downhole Solutions Inc. to disenfranchise shareholders.
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