Summary
The Delaware Court of Chancery found that the underlying analyses that formed the basis for an investment banker's fairness opinion should have been disclosed to the shareholders and that such information was material to a shareholder's decision to tender his shares in connection with a tender offer the controlling shareholder made.
See Also
Pure Resources, Inc. v. Shareholders Litigation
The Delaware Court of Chancery found that the underlying analyses thta formed the basis for an investment banker's fairness opinion should have been disclosed to the shareholders, and that such information was material to a shareholder's decision to tende ...