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Netezza Corporation Investor Fights Takeover With Lawsuit

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Lawsuit Overview

An investor of Netezza Corporation (NYSE:NZ) filed a lawsuit in State Court alleging breaches of fiduciary duty by the NZ board of directors arising out of their attempt to sell Netezza Corp.too cheaply to IBM. According to the complaint the plaintiff alleges breaches of fiduciary duties by the NZ board of directors owed to NZ investors for trying to sell Netezza Corp via an unfair p...



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