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25Mar

Chancery Finds Pleadings Sufficient to Support Claim that a Corporate Self-Tender Offer was Coercive

Davidow v. LRN Corp., C.A. No. 2019-0150-MTZ (Del. Ch. Feb. 25, 2020). Delaware law does not invoke the entire fairness test for a voluntary, noncoercive offer by a corporation to buy its own shares....
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-finds-pleadings-sufficient-to-49186/

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