Outerwall Ex-Board Dodges Suit Over $1.6 Billion Apollo Buyout - news.bloomberglaw.com -BoardProspects

Outerwall Ex-Board Dodges Suit Over $1.6 Billion Apollo Buyout

news.bloomberglaw.com Sep 12 2020 BoardNews

The ex-board of Redbox and Coinstar operator Outerwall Inc. doesn’t have to face claims that it rushed into a $1.6 billion take-private buyout by Apollo Global Management LLC over conflicts of interest caused by pressure from an activist investor, a Delaware judge ruled Friday...
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