Andrews Securities Litigation and Regulation Reporter
January 17, 2001
Breach of Duty
Copyright (c) 2001 Andrews Publications
WORLDCOM MAY ACQUIRE INTERMEDIA, ALONG WITH LIABILITY FOR ITS DIGEX DIRECTORS
In re Digex Shareholders Litig.
A Delaware state court judge has allowed WorldCom Inc. to proceed with its acquisition of Intermedia Communications Inc. and its crown jewel subsidiary, Digex Inc., but the final price could be high if WorldCom has to pay for actions by Intermedia's...