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SARROUF v. NEW ENGLAND PATRIOTS FOOTBALL CLUB, INC.

397 Mass. 542 (1986)

492 N.E.2d 1122

CAMILLE F. SARROUF & others vs. NEW ENGLAND PATRIOTS FOO ALL CLUB, INC.

Supreme Judicial Court of Massachusetts, Norfolk.

May 14, 1986.

Attorney(s) appearing for the Case

Edward B. Hanify (George T. Finnegan & John D. Donovan, Jr., with him) for the defendant.

Camille F. Sarrouf & Anthony Tarricone for the plaintiffs.

Present: HENNESSEY, C.J., LIACOS, ABRAMS, LYNCH, & O'CONNOR, JJ.

LIACOS, J.

The defendant, New England Patriots Football Club, Inc. (Old Patriots), was merged with the New Patriots Football Club, Inc. (New Patriots), in a transaction culminating on January 31, 1977. The plaintiffs in this case sought the statutory remedy of appraisal, G.L.c. 156B, §§ 86-98,2 rather than accept the offering price of $15 a share. The merger also spawned litigation by dissenting stockholders seeking to overturn...

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