Legal Opinion
Heller v. Munsingwear, Inc.
Court of Chancery of Delaware
Decided July 23, 1953PublishedCited by 16 opinions
1Opinion of the Court
Seitz, Chancellor:
This is the decision on exceptions to the appraiser’s report fixing the value of the shares of certain stock*595holders who dissented from the terms of a merger and sought an appraisal under what is now 8 Del.C. § 262.
By statutory merger Munsingwear, Inc., absorbed Vassar Company. The holders of 4,400 shares of Munsingwear stock dissented from the merger and became entitled to an appraisal. After prolonged proceedings the appraiser determined the value of each share of stock to be $23.20. The dissenting stockholders filed no exceptions to the appraiser’s report but Munsingwear…
2Cases cited3 opinions
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950
- Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950
3Cited by16 opinions
- Piemonte v. New Boston Garden Corp.Massachusetts Supreme Judicial Court · 1979
- Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
- Felder v. Anderson, Clayton & Co.Court of Chancery of Delaware · 1960
- Brown v. Hedahl's-Q B & R, Inc.North Dakota Supreme Court · 1971
- Adams v. R. C. Williams & Co.Court of Chancery of Delaware · 1960
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