Del. Chancery Refuses to Tag Minority Stockholder with Controller Status
Del. Chancery Refuses to Tag Minority Stockholder with Controller Status

The Delaware courts continue to slog their way through a stream of lawsuits in which plaintiffs seek to have the entire fairness standard applied to an M&A transaction by claiming that a substantial minority stockholder should be regarded as a conflicted controller.  Late last month, in Turnbull and Acosta v. Klein, et. al., (Del. Ch.; 1/25), […]

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