Opinion
Submitted: September 12, 1983.
Decided: November 4, 1983.
Upon appeal from Court of Chancery. Affirmed.
Irving Morris, of Morris Rosenthal, P.A., Wilmington, and William Klein, II (argued), of Tenzer, Greenblatt, Fallon Kaplan, New York City, for plaintiffs.
David A. Drexler (argued), and Thomas C. Grimm, of Morris, Nichols, Arsht Tunnell, Wilmington, for defendants.
Before McNEILLY, MOORE and CHRISTIE, JJ.
In this class action brought on behalf of former minority shareholders attacking a tender offer and subsequent cash-out merger, plaintiffs appeal from a judgment of the Court of Chancery in favor of all defendants. We affirm for the reasons stated in the learned opinion of Chancellor Brown. Field v. Allyn, Del. Ch. 457 A.2d 1089 (1983).