Bowl America Board Strikes $2.2M Deal To End Merger Suit

By Elaine Briseño

Bowl America board members have agreed to pay nearly $2.2 million to settle a class action that alleged the company's board of directors acted in bad faith when it approved a merger with Bowlero Corp., according to a proposal submitted to a Maryland federal court.

 Memorandum attached | Read full article » | Save to favorites »