Legal Opinion
In Re Holly Farms Corp. Shareholders Litigation
Court of Chancery of Delaware
Decided June 14, 1989No. Civ. A. 10350PublishedCited by 4 opinions
1Opinion of the Court
HARTNETT, Vice Chancellor.
This is another chapter in the protracted litigation arising from the on-going competing offers for the stock of Holly Farms Corporation (“Holly Farms” or “Holly”) by Tyson Foods, Inc. and ConAgra, Inc. One of the bidders, Tyson Foods, Inc. and its Holly Acquisition Corp. (collectively “Tyson” or "Tyson Foods”) has moved for a preliminary injunction preventing Holly Farms and its directors, and the other bidder, ConAgra, Inc. and its CAG Acquisition Corp. (collectively “ConAgra”) from taking any steps to effectuate a second merger agreement entered into between…
2Cases cited15 opinions
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Mills Acquisition Co. v. MacMillan, Inc.Supreme Court of Delaware · 1989
- Ivanhoe Partners v. Newmont Mining Corp.Supreme Court of Delaware · 1987
- Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
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3Cited by4 opinions
- In Re Dollar Thrifty Shareholder LitigationCourt of Chancery of Delaware · 2010
- In Re Cogent, Inc. Shareholder LitigationCourt of Chancery of Delaware · 2010
- Holly Farms Corp. v. TaylorDistrict Court, D. Delaware · 1989
- Al Nawasi Trading Co. v. BP Amoco Corp.District Court, S.D. New York · 2000