Legal Opinion
In Re Olivetti Underwood Corporation
Court of Chancery of Delaware
Decided September 27, 1968PublishedCited by 25 opinions
1Opinion of the Court
DUFFY, Chancellor:
The case is before the Court on an Appraiser’s report of the value of shares of common stock after merger and exceptions thereto filed by both the stockholders and the corporation.
On October 23, 1963 Underwood Corporation, a Delaware corporation (“Under wood”), was merged upstream into Olivetti Underwood Corporation, a Delaware corporation (“Olivetti Underwood”), under 8 Del.C. § 253. 1 At the time Olivetti Underwood was entirely owned by Ing. C. Olivetti & C, S.p.A., an Italian corporation (“Olivetti Italy”), and Olivetti Underwood was a more than 90% parent of Underwood.
Upo…
2Cases cited11 opinions
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Application of Delaware Racing AssociationSupreme Court of Delaware · 1965
- Application of Delaware Racing Ass'nCourt of Chancery of Delaware · 1965
- Stauffer v. Standard Brands Inc.Court of Chancery of Delaware · 1962
- Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
6 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
- Tanzer v. International General Industries, Inc.Court of Chancery of Delaware · 1979
- Blasingame v. American Materials, Inc.Tennessee Supreme Court · 1983
- Bell v. Kirby Lumber Corp.Supreme Court of Delaware · 1980
- Universal City Studios, Inc. v. Francis I. duPont & Co.Supreme Court of Delaware · 1975
20 more not listed; retrieve them via the Exa API.