1 More Step Toward Unified Business Judgment Review

Law360, New York (December 10, 2015, 10:21 AM EST) -- Last month, the Delaware Supreme Court affirmed the Court of Chancery dismissal of a complaint attacking a cashout merger of SynQor Inc., which was a privately held Delaware corporation.[1] SynQor was merged into an entity controlled by SynQor's management group, which held 46 percent of the company's stock. The affirmance has significance for merger and acquisition transactional and litigation practitioners, for three reasons....

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