Legal Opinion
Siegman v. Columbia Pictures Entertainment, Inc.
Court of Chancery of Delaware
Decided November 9, 1989No. Civ. A. 11152PublishedCited by 6 opinions
1Opinion of the Court
OPINION
HARNETT, Vice Chancellor.
Plaintiffs motion for a preliminary injunction must be denied because he has not shown a reasonable probability that any violation of 8 Del.C. § 203, the Delaware Takeover Statute, has occurred as a result of the Tender Offer of Sony USA Inc. (“Sony”) for all of the shares of Columbia Pictures Entertainment, Inc. (“Columbia”).
Although I find that plaintiff has shown a reasonable probability that Sony became an “interested stockholder” of Columbia on September 27, 1987, as that term is defined in the Statute, I also find that earlier on that same day the Board…
2Cases cited18 opinions
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Securities and Exchange Commission v. Savoy Industries, Inc. Appeal of S. Mort ZimmermanCourt of Appeals for the D.C. Circuit · 1978
- Ivanhoe Partners v. Newmont Mining Corp.Supreme Court of Delaware · 1987
- Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
- Gimbel v. Signal Companies, Inc.Supreme Court of Delaware · 1974
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3Cited by6 opinions
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 2000
- Chesapeake Corp. v. ShoreCourt of Chancery of Delaware · 2000
- Stigars v. StateSupreme Court of Delaware · 1996
- Matador Capital Management Corp. v. BRC Holdings, Inc.Court of Chancery of Delaware · 1998
- Acierno v. Worthy Brothers Pipeline Corp.Supreme Court of Delaware · 1995
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