Are Diligent shareholders being sold down the river?
Who made out with $129 million; who might think they got a raw deal.
Shoeshine Fri, 18 Mar 2016
The situation that minority shareholders in software company Diligent Corporation [NZX: DIL] find themselves in is far from satisfactory.
Shoeshine has assessed the pros and cons of the proposed acquisition by Insight Venture Partners and the more he looks, the less attractive the bid seems.