Chancery Upholds Merger Netting Zero to Common Shareholders
Hokanson v. Petty, 2008 Del Ch. LEXIS 182 (Dec. 10, 2008). This Chancery Court decision could have dismissed claims on a statute of limitations basis alone, but also addressed the merits. One notable aspect of the court's analysis was that it upheld a decision of a board with a majority...
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