US - Minneapolis Firefighters Relief Association fund has decided to sue Ceridian Corporation after claiming a buyout offer has undervalued stocks held by the fund in the company.
Ceridian announced on 30 May that it would be jointly bought by Thomas H. Lee Partners and Fidelity National Financial in an all cash transaction, valued at approximately US$5.3 billion. In respo...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
