JUDGE SAYS CONRAIL CANNOT DELAY MERGER VOTE UNTIL IT IS SURE THAT IT WILL WIN Norfolk Southern v. Conrail | Secondary Sources | Westlaw

JUDGE SAYS CONRAIL CANNOT DELAY MERGER VOTE UNTIL IT IS SURE THAT IT WILL WIN Norfolk Southern v. Conrail | Secondary Sources | Westlaw

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JUDGE SAYS CONRAIL CANNOT DELAY MERGER VOTE UNTIL IT IS SURE THAT IT WILL WIN Norfolk Southern v. Conrail

1996 ANCODLLR 20471Andrews Corporate Officers and Directors Liability Reporter (Approx. 3 pages)

JUDGE SAYS CONRAIL CANNOT DELAY MERGER VOTE UNTIL IT IS SURE THAT IT WILL WIN Norfolk Southern v. Conrail

1996 ANCODLLR 20471Andrews Corporate Officers and Directors Liability Reporter (Approx. 3 pages)

1996 Andrews Corp. Off. & Directors Liab. Litig. Rep. 20471
Andrews Corporate Officers and Directors Liability Reporter
December 25, 1996
Takeover Law
Copyright (c) 1996 Andrews Publications

JUDGE SAYS CONRAIL CANNOT DELAY MERGER VOTE UNTIL IT IS SURE THAT IT WILL WIN

Norfolk Southern v. Conrail

The board of Conrail does not have a duty to accept the higher merger offer of hostile suitor Norfolk Southern Corp. but it cannot disenfranchise the shareholders by putting off a stockholder meeting until it is sure that it has enough support for a...
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