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MATTER OF WOLF POPPER ROSS WOLF & JONES

179 A.D.2d 389 (1992)

In the Matter of Wolf Popper Ross Wolf & Jones, Respondent. HRE Properties, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

January 9, 1992

In two Delaware actions, former minority shareholders of Pearce, Urstadt, Mayer & Greer, Inc. ("PUMG") challenge the fairness of the cash-out merger of said corporation with Urstadt Property Co., Inc., under which they were to receive $12.50 per share. Pursuant to CPLR 3102 (e), applicant seeks documents concerning the value of HRE Properties, Inc. Although not a party to the Delaware actions, the value of HRE stock is central to the fairness of the price offered minority...

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