Legal Opinion
Olivetti Underwood Corp. v. Jacques Coe & Co.
Supreme Court of Delaware
Decided March 3, 1966PublishedCited by 14 opinions
1Opinion of the Court
HERRMANN, Justice.
This appeal brings up for review certain portions of an Order of the Chancery Court determining the eligibility of the ap-pellees to seek appraisal of stock of Underwood Corporation after its merger into Olivetti Underwood Corporation, the appellant.
The merger was the “short form” type provided by 8 Del.C. § 253 for the merging of parent and subsidiary corporations. The merger terms provided that the minority stockholders would be entitled to receive $10. per share for their stock in Underwood. There was no provision for an exchange of Underwood stock for shares in the…
2Cases cited10 opinions
- Societe Internationale Pour Participations Industrielles Et Commerciales, S. A. v. RogersSupreme Court of the United States · 1958
- Federal United Corp. v. HavenderSupreme Court of Delaware · 1940
- Chicago Corp. v. MundsCourt of Chancery of Delaware · 1934
- Salt Dome Oil Corp. v. SchenckSupreme Court of Delaware · 1945
- In re Northeastern Water Co.Court of Chancery of Delaware · 1944
5 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Alabama By-Products Corp. v. Cede & Co. Ex Rel. Shearson Lehman Bros.Supreme Court of Delaware · 1995
- Union Illinois 1995 Investment Ltd. Partnership v. Union Financial Group, Ltd.Court of Chancery of Delaware · 2004
- Enstar Corp. v. SenoufSupreme Court of Delaware · 1987
- Carl M. Loeb, Rhoades & Co. v. Hilton Hotels Corp.Supreme Court of Delaware · 1966
- Elfenbein v. American Financial Corp.District Court, S.D. New York · 1980
9 more not listed; retrieve them via the Exa API.