Chancery Addresses Preferred v. Common Conflict in Sale Transaction
Chancery Addresses Preferred v. Common Conflict in Sale Transaction

Deals where preferred stockholders come out whole while common stockholders end up with peanuts often end up with the common stockholders crying foul.  Wei v. Levinson, (Del. Ch.; 6/25), is the latest example of that kind of case to make its way to the Chancery Court.  The case arose out of Amazon’s $1.3 billion acquisition of Zoox. […]

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