Bsquare: Seattle Software Co. Misled Investors On Merger, Suit Says
A shareholder is seeking to block a nearly $40 million deal to sell Seattle-based Bsquare Corp., alleging in a complaint filed in Washington state court that the software company and its board breached their fiduciary duties by misrepresenting the details surrounding the proposed acquisition.
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Bsquare is a Washington-based IT firm that develops IoT system software products that provide solutions including device monitoring and notification management for businesses.
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