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(DOWNLOAD) "Matter Appraisal Shell Oil Company" by Supreme Court of Delaware # eBook PDF Kindle ePub Free

Matter Appraisal Shell Oil Company

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eBook details

  • Title: Matter Appraisal Shell Oil Company
  • Author : Supreme Court of Delaware
  • Release Date : January 26, 1992
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 70 KB

Description

WALSH, Justice: This is an appeal from a decision of the Court of Chancery in an appraisal action brought pursuant to 8 Del.C. §
262. Petitioners below-appellees ("petitioners"), former minority shareholders of respondent below-appellant Shell Oil Company
("Shell"), sought an appraisal of the fair value of Shell's common stock on June 7, 1985, the date shareholders were cashed
out at $58 per share. The cash out resulted from a short-form merger effectuated by Shell's 94.6 percent majority stockholder,
respondent below-appellant Shell Petroleum, Inc. (f/k/a SPNV Holdings, Inc.) ("Holdings"), 1 as required by a court approved
settlement of an earlier class action.


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