Andrews Corporate Officers and Directors Liability Litigation Reporter
December 11, 1996
Breach of Duty
Copyright (c) 1996 Andrews Publications
HILTON-BALLY'S MERGER WILL RESULT IN CONFLICT OF INTEREST, SUIT CLAIMS
Tower Investment Group Inc. v. Bally's Grand Inc.
The proposed merger of Hilton Hotels Corp. and Bally Entertainment Corp. will result in the loss of Bally's “crown jewel,” the Paris Casino-Resort, and will deprive Bally's Grand Inc. minority shareholders of fair value for their holdings, a suit...
HILTON-BALLY'S MERGER WILL RESULT IN CONFLICT OF INTEREST, SUIT CLAIMS
Tower Investment Group Inc. v. Bally's Grand Inc.