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Technology and the Internet

Hearing Date Set in CSC Takeover Battle

By Karen Kaplan
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Computer Associates International will make its case that El Segundo-based Computer Sciences Corp.’s anti-takeover provisions should be invalidated in federal court March 16. U.S. District Judge Lloyd George set the date after Islandia, N.Y.-based Computer Associates--which is pursuing a $108-per-share hostile bid to buy Computer Sciences--asked for expedited consideration of its claim. George also granted CSC, a computer services and consulting firm, permission to proceed with discovery in preparation for the hearing. Software developer CA is contesting changes in CSC’s bylaws that make it more difficult for shareholders to vote on the CA bid, including one provision that would require a 90% majority to remove or change the company’s board of directors, said Will Phillips, an attorney representing CA.CSC’s board is scheduled to meet today.

Technology and the Internet
Karen Kaplan

Karen Kaplan covers science and medical research for the Los Angeles Times. She has been a member of the science team since 2005, including 13 years as an editor. Her first decade at The Times was spent covering technology in the Business section as both a reporter and editor. She grew up in San Diego and is a graduate of MIT and Columbia University.

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