Monogram Industries, Inc. v. Royal Industries, Inc.

HERRMANN, Chief Justice.

This appeal requires construction of the following underlined provisions of the recently amended Delaware Corporation Law pertaining to tender offers, 8 Del.C. § 203:

Ҥ 203. Tender Offers.

“(a) No offeror shall make a tender offer unless:

“(1) Not less than 20 nor more than 60 days' before the date the tender offer is to be made, the offeror shall deliver to the corporation whose equity securities are to be subject to the tender offer, at its registered office in this State or at its principal place of business, a written statement of the offeror’s intention to make the…