SANTA'S WORKSHOP v. A.B. HIRSCHFELD PRESS

No. 92CA0072.

851 P.2d 264 (1993)

SANTA'S WORKSHOP, a Colorado corporation, Petitioner-Appellee, v. A.B. HIRSCHFELD PRESS, INC., Respondent-Appellant.

Colorado Court of Appeals, Div. II.

March 11, 1993.


Attorney(s) appearing for the Case

Johnson and Johnson, Robert W. Johnson, Scott W. Johnson, Colorado Springs, for petitioner-appellee.

Tallmadge, Wallace, Hahn, Smith & Walsh, P.C., David J. Hahn, Cynthia A. Calkins, Denver, for respondent-appellant.


Opinion by Judge RULAND.

In 1989, North Pole, Inc., approved a plan to merge with its subsidiary, petitioner, Santa's Workshop (Workshop), with the latter entity remaining as the surviving corporation. The merger plan provided that certain of Workshop's shareholders would receive $3.50 per share. One shareholder, respondent, A.B. Hirschfeld Press, Inc., responded with an initial demand for supplemental payment, claiming that the fair value of each of its shares was...

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