Wind River Shareholder Litigation


12/08/09 – 12/08/09

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Settlement hearing.

Via Bloomberg: " Intel Corp.’s Wind River Systems unit settled lawsuits filed by investors seeking more money in the $884 million combination of the companies.

Santa Clara, California-based Intel, the world’s largest chipmaker, said in June it would buy Wind River of Alameda, California, for $11.50 a share. The transaction was completed in July.

Some stockholders sued, and agreed to settle actions in Delaware Chancery Court and Superior Court of California in Alameda County after the companies provided additional data about the buyout process, according to court papers filed yesterday in Wilmington."


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