Merrill brought nine investors into the deal, which was put in place in a record six weeks, and also committed its own money through two separate entities.
But since then the $185 million transaction has hit a snag, and on Tuesday May 29 Merrill Lynch will find itself in a Cyprus court room defending a case brought by four of NeptuneÆs minority shareholders, which together hold 39.3% of the company. The shareholders,...
¬ Haymarket Media Limited. All rights reserved.