Mindbody: Vista, Mindbody Decry 'Windfall' Award in $1.9 Billion Buyout

The Delaware Chancery Court second-guessed the Mindbody Inc. board's negotiations with Vista Equity Partners Management LLC in a take-private deal and relied on speculation in awarding a "windfall" to ex-investors, an attorney for the fitness software maker argued Wednesday before the state's highest court.