Legal Opinion
Bastian v. Bourns, Inc.
Court of Chancery of Delaware
Decided July 31, 1969PublishedCited by 15 opinions
1Opinion of the Court
MARVEL, Vice Chancellor:
Plaintiffs, who are the owners of 4,900 shares of stock of Chicago Aerial Industries, Inc., seek a permanent injunction against the proposed merger of such corporation into a resulting corporation known as Bourns/C.A.I., Inc. The fairness of the exchange ratio on which the merger agreement in question is based has been considered at trial and this is the Court’s opinion on the trial evidence and briefs. Earlier in this proceeding the Court declined to grant plaintiffs’ application for a restraining order against consummation of the proposed merger, being of the opinion…
2Cases cited9 opinions
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- Gottlieb v. Heyden Chemical Corp.Supreme Court of Delaware · 1952
- David J. Greene & Co. v. Dunhill International, Inc.Court of Chancery of Delaware · 1968
- MacFarlane v. North American Cement Corp.Court of Chancery of Delaware · 1928
- Brundage v. New Jersey Zinc Co.Supreme Court of New Jersey · 1967
4 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- Singer v. Magnavox Co.Supreme Court of Delaware · 1977
- Rabkin v. Philip A. Hunt Chemical Corp.Supreme Court of Delaware · 1985
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