FREDERICK'S OF HOLLYWOOD MERGER CHALLENGE TOO SKIMPY, SAYS DEL. HIGH CT.
Malpiede v. Townson
A shareholder suit accusing Frederick's of Hollywood Inc.'s board of selling the company too cheaply was too skimpy to prove that the directors breached a duty of loyalty, the Delaware Supreme Court has ruled. It affirmed a lower court ruling...
FREDERICK'S OF HOLLYWOOD MERGER CHALLENGE TOO SKIMPY, SAYS DEL. HIGH CT.
Malpiede v. Townson