Weinberger v. United Financial Corp. of Cal.

MARVEL, Chancellor:

Plaintiff, suing for himself as well as representatively on behalf of all other holders of common stock of United Financial Corporation similarly situated, brings this action for the granting of preliminary as well as permanent injunctive relief against the consummation of a proposed merger of the defendant United Financial Corporation into a wholly owned subsidiary of the defendant National Steel Corporation, scheduled to be voted on by the stockholders of the former at a special and annual meeting of stockholders noticed to be held in San Francisco, California, on…