Supreme Court of Delaware.https://leagle.com/images/logo.png
Submitted: September 22, 1992.
Decided: November 24, 1993.
As Corrected December 8, 1993.
Attorney(s) appearing for the Case
William Prickett (argued), Michael Hanrahan and Ronald A. Brown, Jr., Prickett, Jones, Elliott, Kristol & Schnee, Wilmington; Arthur T. Susman, Susman, Saunders & Buehler, Chicago, IL, and Roger W. Kirby, Kaufman, Malchman, Kaufman & Kirby, New York City, of counsel, for appellant.
James F. Burnett and Donald J. Wolfe, Jr., Potter, Anderson & Corroon, Wilmington; Allen Kezsbom and Debra M. Torres (argued), Fried, Frank, Harris, Shriver & Jacobson, New York City, of counsel, for appellees Sony Pictures Entertainment Inc., formerly Tri-Star Pictures, Inc., Victor A. Kaufman, David A. Matalon, Patrick M. Williamson, Judd A. Weinberg and Dan W. Lufkin.
Lawrence A. Hamermesh (argued), and Jon E. Abramczyk, Morris, Nichols, Arsht & Tunnell, Wilmington, for appellees Coca-Cola Co., CPI Film Holdings, Inc., Ira C. Herbert and Francis T. Vincent, Jr.
Allen M. Terrell, Jr., Richards, Layton & Finger, Wilmington; Robert C. Myers and Anthony J. Viola, Dewey Ballantine, New York City, of counsel, for appellees Home Box Office, Inc., Michael J. Fuchs, E. Thayer Bigelow, Jr. and Joseph J. Collins.
Before MOORE and HOLLAND, JJ., and RIDGELY, President Judge (sitting by designation).
Supreme Court of Delaware.
MOORE, Justice.
In this class action the plaintiffs are former minority stockholders of Tri-Star Pictures, Inc. ("Tri-Star" or the "Company") who challenge a business combination between Tri-Star and the Entertainment Business Sector of the Coca-Cola Company (the "Combination"). The Combination, with its related transactions and surrounding facts, is complicated and convoluted — sufficient to daunt any but the most...
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