Bright Horizons Merger litigation
Bright Horizons Merger litigation was a collection of actions brought on behalf of Bright Horizons shareholders in connection with the proposed acquisition of Bright Horizons’ publicly owned shares by Bain Capital Partners. The complaints alleged, among other things, that the proposed transaction deprived Bright Horizons shareholders of maximum value, involved an unfair process and was accompanied by inadequate disclosures to the shareholders. A settlement was reached which provided for the dissemination of supplemental proxy materials to shareholders containing additional and supplemental disclosures.