Market Overview

Kenexa Enters MoU to Settle Complaint Related to IBM Deal

Related KNXA
UPDATE: Piper Jaffray Downgrades Kenexa to Neutral on IBM Deal
A Peek Into The Market Before The Trading Starts

Kenexa Corporation (NYSE: KNXA), a leading provider of recruiting and talent management solutions, today announced the entering into of a Memorandum of Understanding to settle a derivative action and purported class action complaint that was filed in the Court of Common Pleas of Chester County, Pennsylvania, in connection with the proposed acquisition of Kenexa by International Business Machines Corporation (NYSE: IBM). The settlement of the lawsuit is subject to definitive documentation and court approval.

Posted-In: News

 

Most Popular

Related Articles (KNXA + IBM)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free