Legal Opinion
In Re Del Monte Foods Co. Shareholders Litigation
Court of Chancery of Delaware
Decided February 14, 2011No. C.A. 6027-VCLPublishedCited by 68 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
On November 24, 2010, Del Monte Foods Company (“Del Monte” or the “Company”) entered into an agreement and plan of merger with Blue Acquisition Group, Inc. and its wholly owned acquisition subsidiary, Blue Merger Sub Inc. (the “Merger Agreement” or “MA”). Blue Acquisition Group is owned by three private equity firms: Kohlberg, Kravis, Roberts & Co. (“KKR”), Centerview Partners (“Cen-terview”), and Vestar Capital Partners (“Vestar”). Because KKR is the lead firm, I generally refer to the sponsor group as “KKR.” The Merger Agreement contemplates a $5.3 billion…
2Cases cited31 opinions
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3Cited by68 opinions
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