SINGER v. MAGNAVOX CO.


380 A.2d 969 (1977)

Louis S. SINGER and Mollie Singer, Plaintiffs below, Appellants, v. The MAGNAVOX COMPANY et al., Defendants below, Appellees.

Supreme Court of Delaware.

Decided September 23, 1977.


Attorney(s) appearing for the Case

Steven J. Rothschild and David B. Ripsom, of Prickett, Ward, Burt & Sanders, Wilmington, and Stuart H. Savett, of Kohn, Savett, Marion & Graf, P. C., Philadelphia, Pa., of counsel, for plaintiffs-appellants.

David A. Drexler and William C. Anderson, III, of Morris, Nichols, Arsht & Tunnell, Wilmington, for defendants-appellees.

Before HERRMANN, C. J., DUFFY and McNEILLY, JJ.


DUFFY, Justice (for the majority):

In this action attacking a statutory corporate merger, plaintiffs appeal from an order of the Court of Chancery granting defendants' motion to dismiss the complaint for failure to state a claim upon which relief can be granted. Del.Ch., 367 A.2d 1349 (1976).

I

The litigation centers on a merger in July 1975 of The Magnavox Company (Magnavox...

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