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AMERICAN MEDICORP, INC. v. HUMANA, INC.

381 A.2d 571 (1977)

AMERICAN MEDICORP, INC., Plaintiff, v. HUMANA, INC., Defendant.

Court of Chancery of Delaware, New Castle County.

Decided December 12, 1977.

Attorney(s) appearing for the Case

Lawrence C. Ashby and Andrew B. Kirkpatrick, Jr. of Morris, Nichols, Arsht & Tunnell, Wilmington, for plaintiff.

R. Franklin Balotti and Richard J. Abrams of Richards, Layton & Finger, Wilmington, for defendant.

HARTNETT, Vice Chancellor.

I

Plaintiff ("Medicorp") filed a Complaint pursuant to 8 Del.C. § 203 alleging that a written Statement of Intention by defendant-Humana to make a tender offer for equity securities of Medicorp, a Delaware corporation, failed to comply with 8 Del.C. § 203. The initial Statement of Intention was delivered by Humana to Medicorp on October 3, 1977. A revised Statement of Intention was delivered to Medicorp...

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