12Oct
Controlling Shareholder’s Discussions with Minority Stockholders Results in Application of Entire Fairness Standard
The Delaware Court of Chancery (the Court) in In re Homefed Corporation Stockholder Litigation chronicles a controlling stockholder’s failed attempt to use the protections outlined in Kahn v. M & F Worldwide Corp. (MFW) to qualify for a business judgment review of its going-private, minority stockholder buyout....
By:
Gray Reed
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