Tri-Continental Corp. v. Battye

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June 8, 1950

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6211 Security Brokers, Dealers, and Flotation Companies
523120 Securities Brokerage
shareholder dissent/oppression
discount rate, fair market value (FMV)
Tri-Continental Corp. v. Battye
1950 Del. LEXIS 23
US
State Court
Delaware
Supreme Court
Wolcott

Summary

At issue is the value shareholders should be paid for their stock if they don't agree with the merger.