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WEINBERGER v. UOP, INC.

409 A.2d 1262 (1979)

William B. WEINBERGER, Plaintiff, v. UOP, INC., et al., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided November 28, 1979.

Attorney(s) appearing for the Case

William Prickett, of Prickett, Sanders, Jones, Elliott & Kristol, Wilmington, for plaintiff.

A. Gilchrist Sparks, III, of Morris, Nichols, Arsht & Tunnell, Wilmington, for defendant UOP, Inc.

Robert K. Payson, of Potter, Anderson & Corroon, Wilmington, and Alan N. Halkett, of Latham & Watkins, Los Angeles, Cal., for defendant The Signal Companies, Inc.

R. Franklin Balotti, of Richards, Layton & Finger, Wilmington, for defendant Lehman Brothers Kuhn Loeb, Inc.

BROWN, Vice Chancellor.

In this class action suit attacking the fairness of the terms of a corporate merger whereby the defendant, The Signal Companies, Inc. ("Signal") acquired the all outstanding minority shares of the defendant UOP, Inc. ("UOP") in return for a cash payment per share to the former minority shareholders of UOP, the defendants Signal, UOP and Lehman Brothers Kuhn Loeb, Inc., ("Lehman Brothers") have moved to dismiss the complaint pursuant to Rule...

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