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APRAHAMIAN v. HBO & CO.

Civ. A. No. 8989.

531 A.2d 1204 (1987)

Ronald V. APRAHAMIAN, Ronald L. Holden, Andover Group, Donald C. Carner, L. Wayne Greenberg, Robert E. Raitz, William A. Reppy, Jr., and the Committee for Full Value of HBO & Company, Plaintiffs, v. HBO & COMPANY, Walter S. Huff, Jr., John M. Clark, Jr., John W. Lawless, Larry G. Gerdes, Donald L. Lucas, and James V. Napier, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: May 14, 1987.

Revised: May 28, 1987.

Attorney(s) appearing for the Case

Grover C. Brown, Henry N. Herndon, Jr., Edward M. McNally and Lewis H. Lazarus, Morris, James, Hitchens & Williams, Wilmington (Hogan & Hartson, Washington, D.C., of counsel), for plaintiffs.

Charles S. Crompton, Jr., Donald J. Wolfe, Jr., William J. Marsden, Jr., Kathleen T. Furey, and Laurie A. Silverstein, Potter, Anderson & Corroon, Wilmington (Hansell & Post, Atlanta, Ga., of counsel), for defendants.

HARTNETT, Vice Chancellor.

Plaintiffs, in effect, seek a preliminary injunction preventing defendants from further postponing the annual meeting of the stockholders of HBO & Company ("HBO"), a Delaware corporation, which was originally scheduled to be held on April 30, 1987, but has been rescheduled by the directors for September 22, 1987. I find that the meeting must go forward.

I

In the brief time available to consider this matter, it is not...

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