- At $14.00 per share
- By private equity firm Ripplewood Holdings LLC
-
10.5% holder
criticizes Maytag LBO 5.27.05
- FTC grants HSR Act early termination
Shareholder meeting
set for 8.19.05
- Proxy statement mailed 7.15.05
Ripplewood
claimed it could terminate deal
- Asserted that Maytag's entertaining a competing bid
gave Ripplewood the right to terminate per § 8.01(d)(ii) and receive the
$40 million termination fee per § 6.07(b)
- Maytag differed
- Press release
6.30.05