Mitel delayed its expected Inter-Tel merger closing date to Aug. ...
Mitel delayed its expected Inter-Tel merger closing date to Aug. 16, the VoIP company told its merger partner in a letter, Inter-Tel said late Monday. That date could change if a Delaware Chancery Court awards an Inter-Tel stockholder a…
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preliminary injunction against the merger, sought because of the sale method, Mitel said. The injunction ruling, expected Tuesday, hadn’t come by our deadline. The merger previously was to close on Aug. 13, Mitel said. Mitel moved the date to give the court time to rule after its Aug. 8 hearing.