PAX SHAREHOLDERS HAVE NO BASIS TO SUE OVER FOX BUYOUT REJECTION In re Paxson Communications Corp. Shareholders Litig. | Secondary Sources | Westlaw

PAX SHAREHOLDERS HAVE NO BASIS TO SUE OVER FOX BUYOUT REJECTION In re Paxson Communications Corp. Shareholders Litig. | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, PAX SHAREHOLDERS HAVE NO BASIS TO SUE OVER FOX BUYOUT REJECTION In re Paxson Communications Corp. Shareholders Litig., Secondary Sources
15 No. 21 Andrews Del. Corp. Litig. Rep. 9
Andrews Delaware Corporate Litigation Reporter
August 6, 2001
Breach of Duty
Copyright (c) 2001 Andrews Publications

PAX SHAREHOLDERS HAVE NO BASIS TO SUE OVER FOX BUYOUT REJECTION

In re Paxson Communications Corp. Shareholders Litig.

The Delaware Chancery Court has dismissed a shareholder action against the directors of Paxson Communications Corp. over their August 1999 refusal of a $20-per-share buyout offer from the Fox Network and subsequent acceptance of certain asset...
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