Legal Opinion
Eisenberg v. Chicago Milwaukee Corp.
Court of Chancery of Delaware
Decided December 1, 1987No. Civ. A. 9374PublishedCited by 44 opinions
1Opinion of the Court
OPINION
JACOBS, Vice-Chancellor.
On October 28, 1987, Chicago Milwaukee Corp., a Delaware corporation (“CMC”) commenced a self-tender offer (the “Offer”) for any and all shares of its $5 Prior Preferred Stock (“the Preferred”), at an offering price of $55 per share cash. Although the Offer was originally scheduled to expire on November 30,1987, the expiration was extended to midnight, December 1, 1987.
On November 2, 1987, the plaintiff, a Preferred stockholder of CMC, commenced this class action against CMC and its directors. He attacks the validity of the Offer and seeks a preliminary…
2Cases cited20 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
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3Cited by44 opinions
- Williams v. GeierSupreme Court of Delaware · 1996
- Cotten v. Weatherford Bancshares, Inc.Court of Appeals of Texas · 2006
- Gilbert v. El Paso Co.Supreme Court of Delaware · 1990
- Solomon v. Pathe Communications Corp.Supreme Court of Delaware · 1996
- Barkan v. Amsted Industries, Inc.Supreme Court of Delaware · 1989
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