Law 360

AUGUST 28, 2023

An investor suing over private equity giant Thoma Bravo's $2 billion acquisition of manufacturing software company QAD Inc. on Monday announced it had agreed to settle the litigation in exchange for a cash payment of $65 million.

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Law 360

OCTOBER 1, 2021

A top investor in manufacturing software venture QAD Inc. urged Delaware's Chancery Court on Friday to block a proposed $2 billion company sale to private equity firm Thoma Bravo, saying the deal grants QAD's founder and controller outsized consideration in violation of charter restrictions.

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Law 360

JANUARY 25, 2022

An arbitrage-focused investment fund holding stock in manufacturing software company QAD Inc. has sued in Delaware Chancery Court for an appraisal of its shares following QAD's recent, $2 billion go-private sale to a private equity firm, Thoma Bravo.

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Law 360

OCTOBER 8, 2021

15 stockholder vote on private equity firm Thoma Bravo LP's planned $2 billion acquisition of manufacturing software company QAD Inc., A Delaware court late Friday issued a limited preliminary injunction for a scheduled Oct. citing a hedge fund investor's claims that proxies omitted important details about negotiations.

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