The suit claims the global security company has failed to disclose integral financial information to enable current shareholders assess the value of their holdings pre vs. post-sale.
June 18, 2024 at 02:57 PM
2 minute read
A shareholder has sued to block global digital security company Indentiv’s sale to security systems supplier Vitaprotech, alleging Indentiv is withholding key information from its stockholders ahead of the acquisition.
California-based Indentiv announced in April that it had reached a definitive asset purchase agreement with a wholly-owned subsidiary of Vitaprotech for $145 million.
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