Legal Opinion
Chesapeake Corp. v. Shore
Court of Chancery of Delaware
Decided February 11, 2000No. Civ. A. 17626PublishedCited by 43 opinions
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
This case involves a contest for control between two corporations in the specialty packaging industry, the plaintiff Chesapeake Corporation and the defendant Shorewood Packaging Corporation, whose boards of directors both believe that the companies should be merged. The boards just disagree on which company should acquire the other and who should manage the resulting entity.
Shorewood started the dance by making a 41%, all-cash, all-shares premium offer for Chesapeake. The Chesapeake board rejected the offer as inadequate, citing the fact that the stock market…
2Cases cited32 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Kumho Tire Co. v. CarmichaelSupreme Court of the United States · 1999
- Loving v. VirginiaSupreme Court of the United States · 1967
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Palmore v. SidotiSupreme Court of the United States · 1984
27 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Orman v. CullmanCourt of Chancery of Delaware · 2002
- Vichi v. Koninklijke Philips ElectronicsCourt of Chancery of Delaware · 2014
- In re Pure Resources, Inc., Shareholders LitigationCourt of Chancery of Delaware · 2002
- In Re Del Monte Foods Co. Shareholders LitigationCourt of Chancery of Delaware · 2011
- Hollinger International, Inc. v. BlackCourt of Chancery of Delaware · 2004
38 more not listed; retrieve them via the Exa API.