A judge refused to block GW’s tender offer.
- Share via
U.S. District Judge Alicemarie Stotler turned down a request for a preliminary injunction against Great Western Financial’s offer. The court order had been sought by Citadel Holding, parent company of Fidelity Federal Savings. The judge’s decision means that Great Western Financial may proceed with its tender offer to buy Citadel by exchanging 1.2 shares of its stock for each share of Citadel. The offer expires April 25.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
