Legal Opinion
Weinberger v. Rio Grande Industries, Inc.
Court of Chancery of Delaware
Decided October 22, 1986PublishedCited by 50 opinions
1Opinion of the Court
OPINION
JACOBS, Vice Chancellor.
This is a class action arising out of a merger whereby Anschutz Corporation (“Anschutz”), in a two-step transaction commencing with a cash tender offer, acquired Rio Grande Industries, Inc. (“Rio Grande”) in October, 1984. The class consists of the common stockholders of record of Rio Grande as of October 1, 1984, the date on which the proposed transaction was announced. The defendants are Rio Grande and its directors who approved the merger (the “Rio Grande defendants”), as well as Anschutz and TAC Acquisition Corporation (“TAC”), a wholly-owned An-schutz…
2Cases cited25 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
20 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
- Allied Capital Corp. v. GC-Sun Holdings, L.P.Court of Chancery of Delaware · 2006
- Arnold v. Society for Savings Bancorp, Inc.Supreme Court of Delaware · 1994
- WALLACE EX REL. CENCOM v. WoodCourt of Chancery of Delaware · 1999
45 more not listed; retrieve them via the Exa API.