Legal Opinion

City of N. Miami Beach Gen. Employees' Ret. Plan v. DR Pepper Snapple Grp., Inc.

Court of Chancery of Delaware

Decided June 1, 2018No. C.A. No. 2018–0227–AGBPublished

1Opinion of the Court

Defendant Maple Parent Holdings Corp. ("Maple Parent") is a private entity that indirectly owns non-party Keurig Green Mountain, Inc., a leader in specialty coffee and single-serve brewing systems.7 Non-party JAB Holdings Company S.à r.l. ("JAB") controls Maple Parent.8

Plaintiffs City of North Miami Beach General Employees' Retirement Plan and Maitland Police Officers and Firefighters Retirement Trust purportedly hold an undisclosed number of shares of Dr Pepper common stock.9

B. The Proposed Transactions

On January 29, 2018, Dr Pepper, Maple Parent, and Merger Sub entered an Agreement and Plan…

2Cases cited13 opinions

  1. Alabama By-Products Corp. v. Cede & Co. Ex Rel. Shearson Lehman Bros.Supreme Court of Delaware · 1995
  2. Lewis v. WardSupreme Court of Delaware · 2004
  3. Golden Telecom, Inc. v. GLOBAL GT LPSupreme Court of Delaware · 2010
  4. Louisiana Municipal Police Employees' Retirement System v. CrawfordCourt of Chancery of Delaware · 2007
  5. Hollinger Inc. v. Hollinger International, Inc.Court of Chancery of Delaware · 2004

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