Summary
holding that the fully informed stockholder approval of a merger invoked the business judgment rule
Summary of this case from Corwin v. KKR Financial Holdings LLCOpinion
No. 623, 1999
Decided: July 27, 2000
Chancery CA 16102.
Affirmed.
Unpublished Opinion is below.
WRETHA EVELYN WALKER, CARRIE ANNE POLONETSKY, and MICHAEL ABRAMSKY, Plaintiffs Below, Appellants, v. LUKENS, INC., R. WILLIAM VAN SANT, T. KEVIN DUNNIGAN, RONALD M. GROSS, W. PAUL TIPPETT, MICHAEL O. ALEXANDER, DAVID B. PRICE, JR., JOAB L. THOMAS, ROD DAMMEYER, SANDRA L. HELTON, and WILLIAM H. NELSON, III, Defendants Below, Appellees. No. 623, 1999 In the Supreme Court of the State of Delaware. Submitted: July 25, 2000 Decided: July 27, 2000
Before VEASEY, Chief Justice, HOLLAND and BERGER, Justices.
ORDER
This 27th day of July, 2000, the Court, having considered this matter on the arguments and briefs of the parties, and having concluded that the same should be affirmed on the basis of and for the reasons assigned by the Court of Chancery in its well-reasoned opinion of December 1, 1999,
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of Chancery be, and the same hereby is,
AFFIRMED.