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STAUFFER v. STANDARD BRANDS INCORPORATED

178 A.2d 311 (1962)

Joseph S. STAUFFER and Annabelle Stauffer, Plaintiffs, v. STANDARD BRANDS INCORPORATED, a Delaware corporation, Michael J. English, Joseph H. Hoyt, Ralph J. Lisman, Joel S. Mitchell and Henry Weigl, Defendants.

Court of Chancery of Delaware, New Castle.

February 21, 1962.

Attorney(s) appearing for the Case

Alexander L. Nichols and Richard H. Allen, of Morris, Nichols, Arsht & Tunnell, Wilmington, for plaintiffs.

Richard F. Corroon, of Berl, Potter & Anderson, Wilmington, for defendants.

SHORT, Vice Chancellor.

Plaintiffs bring this action on behalf of themselves and all other stockholders of Planters Nut and Chocolate Company, a Delaware corporation [Planters of Delaware], similarly situated, to set aside the merger of Planters of Delaware into Standard Brands Incorporated, a Delaware corporation, under § 253 of the Delaware Corporation Law, or, in the alternative, for damages. Defendants have moved to dismiss the complaint for failure to state...

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