JUNIOR PREFERRED STOCKHOLDERS CANNOT VETO JUNIPER MERGER Benchmark Capital Partners v. Vague | Secondary Sources | Westlaw

JUNIOR PREFERRED STOCKHOLDERS CANNOT VETO JUNIPER MERGER Benchmark Capital Partners v. Vague | Secondary Sources | Westlaw

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JUNIOR PREFERRED STOCKHOLDERS CANNOT VETO JUNIPER MERGER Benchmark Capital Partners v. Vague

12 No. 12 ANMALR 10Andrews Mergers & Acquisitions Litigation Reporter (Approx. 2 pages)

JUNIOR PREFERRED STOCKHOLDERS CANNOT VETO JUNIPER MERGER Benchmark Capital Partners v. Vague

12 No. 12 ANMALR 10Andrews Mergers & Acquisitions Litigation Reporter (Approx. 2 pages)

12 No. 12 Andrews Mergers & Acquisitions Litig. Rep. 10
Andrews Mergers & Acquisitions Litigation Reporter
August 2002
Stock Rights:
Copyright (c) 2002 Andrews Publications

JUNIOR PREFERRED STOCKHOLDERS CANNOT VETO JUNIPER MERGER

Benchmark Capital Partners v. Vague

Benchmark Capital Partners IV could not convince the Delaware Chancery Court to enjoin a merger that would reduce Benchmark's preferred holdings in Juniper Financial Corp. from 29 percent to 7 percent. Juniper needed that capital to stay in business,...
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