B.D. PARKER, JR., Circuit Judge.
This appeal concerns a transaction in which defendant Computer Associates International, Inc. ("CA"), a computer software company, acquired On-Line Software International, Inc. ("On-Line"), another computer software company, by means of a tender offer and follow-up merger. Plaintiff Joel Gerber, an On Line shareholder, commenced a class action in 1991 on behalf of On-Line shareholders who tendered their stock in CA's tender offer....
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