Skeen v. Jo-Ann Stores

BVLaw
Full Text of Court Cases
May 3, 2000
5949 Sewing, Needlework, and Piece Goods Stores
451130 Sewing, Needlework, and Piece Goods Stores
judicial dissolution
book value, tender offer

Skeen v. Jo-Ann Stores
750 A.2d 1170
US
State Court
Delaware
Supreme Court
Berger

Summary

At issue is whether the minority stockholders had enough financial information to decide whether to accept the merger consideration or seek appraisal.

See Also

Additional Information Not Required for Appraisal Rights Decision

The issue in this inadequate disclosure action is whether corporate disclosures to the minority shareholders were adequate under the circumstances.