Dril-Quip Investor Alleges Merger Will Entrench Board

By Sydney Price (March 22, 2024, 9:09 PM EDT) -- A shareholder of oil drilling equipment company Dril-Quip Inc. hit its directors with a proposed class action in Delaware Chancery Court, alleging they added unreasonable provisions to the terms of its merger with Innovex Downhole Solutions Inc. to disenfranchise shareholders....

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