Bowl America Board Strikes $2.2M Deal To End Merger Suit
Bowl America Board Strikes $2.2M Deal To End Merger Suit <https://www.law360.com/mergersacquisitions/articles/1874188?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-08-29&read_main=1&nlsidx=0&nlaidx=11> 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 » <https://www.law360.com/mergersacquisitions/articles/1874188?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-08-29&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1874188?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-08-29&read_later=1&nlsidx=0&nlaidx=11>
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Gunnar Larson