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Case Status:    DISMISSED    
On or around 11/28/2017 (Notice of voluntarily dismissal)

Filing Date: October 27, 2017

Onvia, Inc. (“Onvia” or the “Company”) is an American government business intelligence company that helps companies win government contracts and government agencies find suppliers by providing a database of business leads.

According to the Complaint, this action stems from a Proposed Transaction announced on October 5, 2017, pursuant to which Onvia will be acquired by Project Diamond Intermediate Holdings Corp. and its wholly-owned subsidiary, Project Olympus Merger Sub, Inc., which are affiliates of Deltek, Inc. (together, "Deltek”).

On October 4, 2017, Onvia’s Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”) with Deltek. Pursuant to the terms of the Merger Agreement, Deltek commenced a tender offer, which is scheduled to expire on November 16, 2017, to acquire all of the Company’s outstanding shares of common stock for $9.00 per share in cash.

On October 19, 2017, Defendants filed a Schedule 14D-9 Solicitation/Recommendation Statement (the “Solicitation Statement”) with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Solicitation Statement omits material information with respect to the Proposed Transaction, which renders the Solicitation Statement false and misleading.

On November 28, 2017, Plaintiff voluntarily dismissed this case.

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