UNIVERSAL CITY STUDIOS, INC., Defendant Below-Appellant and Cross-Appellee,
v.
FRANCIS I. duPONT & CO., et al., Plaintiffs Below-Appellees and Cross-Appellants.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Argued November 20, 1974.
Decided January 20, 1975.
Attorney(s) appearing for the Case
E. N. Carpenter, II, and R. Franklin Balotti, of Richards, Layton & Finger, Wilmington; Cyrus R. Vance, of Simpson, Thacher & Bartlett, New York City, for defendant below-appellant and cross-appellee.
Richard F. Corroon and Charles S. Crompton, Jr., of Potter, Anderson & Corroon, Wilmington; Walter G. McNeill, of Brown, Wood, Fuller, Caldwell & Ivey, New York City, for plaintiffs below-appellees and cross-appellants.
Edward Maxwell, of Young, Conaway, Stargatt & Taylor, Wilmington, for Joseph Keane, one of plaintiffs below-appellees and cross-appellants.
Before McNEILLY, Justice, and O'HARA and WALSH, Judges.
Supreme Court of Delaware.
McNEILLY, Justice:
This is an appeal from a decision rendered by the Court of Chancery1 pertaining to the valuation of shares of stock held by dissenting stockholders of Universal Pictures Co. (Universal) at the time of its merger2 with Universal City Studios, Inc. (defendant). Plaintiff stockholders perfected their right to an appraisal under 8 Del.C. § 262 after their rejection of a tendered offer of...
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