Unitrin, Inc. v. American General Corp.
Supreme Court of Delaware
1Opinion of the Court
HOLLAND, Justice.
This is an appeal from the Court of Chancery’s entry of a preliminary injunction on October 13, 1994, upon plaintiffs’ motions in two actions: American General Corporation’s (“American General”) suit against Unitrin, Inc. (“Unitrin”) and its directors; and a parallel class action brought by Unitrin stock- ■ holders. 1 An interlocutory appeal was certified by the Court of Chancery on October 24, 1994. This Court accepted the appeal on October 27, 1994.
American General, which had publicly announced a proposal to merge with Unitrin for $2.6 billion at $50 — % per share, and…
2Cases cited32 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
- Merrill v. Crothall-American, Inc.Supreme Court of Delaware · 1992
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3Cited by217 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
- Ramunno v. CawleySupreme Court of Delaware · 1998
- Orman v. CullmanCourt of Chancery of Delaware · 2002
- In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
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