April 17, 2019, 01:17 pm

Chancery Enjoins Unfair Merger Orchestrated by Controlling Stockholder Pending Corrective Disclosures


 17-04-2019 1:17 PM

Under Delaware law, majority or controlling stockholders owe fiduciary duties to the company and its minority stockholders. Under certain circumstances, however, a stockholder that owns less than 50 percent of the company's outstanding stock can be deemed a controlling stockholder...

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Delaware Business Court Insider
Delaware Business Court Insider

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