GSI Shareholders Get a Bump

June 15, 2011

Reuters is reporting a settlement in the Delaware Chancery Court that is getting GSI shareholders an extra $0.33 a share in its sale to eBay.  Although this does not seem like a significant bump, when added up over a number of shares, it can turn into some significant cash.

Usually, lawsuits challenging deals do not reap cash, so this is a good win.

Share/Bookmark

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: