Delaware Court of Chancery on The Circle in Georgetown, Delaware. Credit: Antony-22 via Wikimedia Commons 'Basic Rules' Broken in SAP-Silver Lake Deal, Qualtrics Investors Say
The shareholder plaintiffs allege that SAP and its Qualtrics directors weren't upfront about Silver Lake Group proposing a purchase of either SAP's Qualtrics shares or Qualtrics entirely.
October 27, 2023 at 05:39 PM
3 minute read
Litigation
Qualtrics International shareholders have filed two class action complaints against corporate directors and controlling shareholder SAP, claiming a stock buyout approved earlier this year prioritized business relationships over value for minority shareholders.
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