Lawsuit Filed for Investors in Rackspace Hosting, Inc. (NYSE:RAX) Against the Takeover at $32 Per Share
The Shareholders Foundation announced that an investor who currently holds shares of Rackspace Hosting, Inc. (NYSE:RAX), filed a lawsuit in effort to halt the proposed takeover of Rackspace Hosting, Inc. by funds managed by affiliates of Apollo Global Management, LLC for $32.00 per share.
View full press release