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Technology / AI and automation

MAI BASIC FORU TO FORCE PRIME TO HOLD ANNUAL MEETING NOW

A Delaware judge reserved decision on a motion from MAI Basic Four Inc to force Prime Computer Inc to hold its annual meeting this month so shareholders can vote on a challenge from MAI, which finds that even if it won support of shareholders, a late July date for the annual meeting would give it insufficient time to complete the acquisition of Prime before the commitments to finance the bid run out.

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