Krieger v. WESCO FINANCIAL CORP.
Court of Chancery of Delaware
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
The plaintiff contends that holders of common stock of Wesco Financial Corporation were entitled to appraisal rights under Section 262 of the General Corporation Law, 8 Del. C. § 262, in connection with a forward triangular merger among Wesco, its parent Berkshire Hathaway Inc., and Montana Acquisitions, LLC, a Berkshire acquisition subsidiary. Under the merger agreement, Wesco’s minority stockholders could elect to receive merger consideration in the form of (i) cash, (ii) publicly traded shares of the acquirer, or (iii) a mix of cash and publicly traded…
2Cases cited4 opinions
- Gilbert v. El Paso Co.Supreme Court of Delaware · 1990
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