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  5. 15 A.D.2d 468 (1961)
 

MATTER OF KAUFMANN, ALSBERG & CO. v. H. L. GREEN CO., INC.

15 A.D.2d 468 (1961)

In the Matter of Kaufmann, Alsberg & Co. et al., Respondents, v. H. L. Green Company, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

December 14, 1961

Order entered on October 17, 1961, unanimously affirmed upon the law and the facts, with costs to abide the event.

It may very well be that the appellant's offering price of $29 per share, exceeding as it did the market price on the New York Stock Exchange of the stock at the time of the merger, fully represented the value thereof. It is clear that the market price of an actively traded listed stock is a material and potent factor

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