Andrews Corporate Officers and Directors Liability Litigation Reporter
December 11, 1996
Breach of Duty
Copyright (c) 1996 Andrews Publications
RISK OF LOSING SOLE OFFER TOO GREAT FOR INJUNCTION, COURT RULES
In re Cheyenne Software, Inc. Shareholders Litigation
A Delaware state court judge has held that the risk an injunction would cost Cheyenne Software, Inc. its chance for a premium-priced tender offer far outweighs the minimal chance that the CSI board would find a better offer from a market that has...
RISK OF LOSING SOLE OFFER TOO GREAT FOR INJUNCTION, COURT RULES
In re Cheyenne Software, Inc. Shareholders Litigation