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GRISWOLD v. HARRY M. STEVENS HOLDING CORP.

183 A.D.2d 620 (1992)

Hector W. Griswold, Jr., Appellant, v. Harry M. Stevens Holding Corp. et al., Respondents

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

May 21, 1992

Petitioner has previously complied with the procedure provided for in the Shareholders' Agreement which required him to offer his shares for sale to the corporation at a price to be arrived at by application of a specific formula. The corporation has rejected said offer and consequently petitioner is entitled to sell his shares in the open market, free of corporate restraints, for 30 days from his receipt of the corporate...

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