However, today is actually the day that the Fox board had previously scheduled to meet to discuss the potential purchase options.
It’s unclear if this lawsuit could cause them to hold off on making a decision.
If these projections were left out of the documents provided to shareholders, but are available, a simple amended proxy statement could make the suit go away.
It seems that Robert Weiss, and the additional shareholders that he represents, aren’t looking to necessarily stop the Disney/Fox deal entirely, they’re simply looking for additional financial information they feel has been lacking so that they can make an informed decision.