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It was announced recently that Acresso has intentions of purchasing Intraware. Today, I read this news article on Marketwatch, about breaches of fiduciary duty and other violations of state law by the board of directors of Intraware Inc. :
Could this mean the acquisition will not go through?
Due to a better standing in the industry after dumped by Macrovision? Or just the lucky recipient of funding from Thomas Bravo, LLC (their equity investment firm)?
Acresso Software to Acquire Intraware, Inc
Acresso Software Announces the Acquisition of LinkRight Tracker Technology