Richard ABRONS, Myron Cohn and Martin Cohn, Plaintiffs,
v.
Eric MARÉE, Pierre Pagès, Michel Garaudet, Alec L. Poitevint, II, Jean N. Willk, Richard W. Pickert, Virbac Corporation, Virbac S.A. and Interlab S.A.S., Defendants.
Court of Chancery of Delaware, New Castle County.https://leagle.com/images/logo.png
Submitted: September 14, 2006.
Decided: September 20, 2006.
Attorney(s) appearing for the Case
Joseph A. Rosenthal, Esquire, Jessica Zeldin, Esquire, Rosenthal, Monhait, & Goddess, P.A., Wilmington, Delaware; Arthur N. Abbey, Esquire, Joshua N. Rubin, Esquire, Orin Kurtz, Esquire, Abbey Spanier Rodd Abrams & Paradis, LLP, New York, New York, Attorneys for the Plaintiffs.
Robert S. Saunders, Esquire, Nicole A. DiSalvo, Esquire, Stephen J. Smulowitz, Esquire, Skadden, Arps, Slate, Meagher & Flom, LLP, Wilmington, Delaware; Charles W. Schwartz, Esquire, Skadden, Arps, Slate, Meagher & Flom, LLP, Houston, Texas, Attorneys for Defendants Virbac S.A., Interlab S.A.S., Eric Marée, Pierre Pagès, and Michel Garaudet.
Raymond J. DiCamillo, Esquire, Daniel M. Silver, Esquire, Richards, Layton & Finger, Wilmington, Delaware; Michele E. Rose, Esquire, Laura N. Perkins, Esquire, Christopher S. Turner, Esquire, Latham & Watkins LLP, Reston, Virginia, Attorneys for Defendants Alec L. Poitevint, II, Jean N. Willk, and Richard W. Pickert.
R. Judson Scaggs, Esquire, Kevin M. Coen, Esquire, Morris, Nichols, Arsht & Tunnell, Wilmington, Delaware; Ronald W. Breaux, Esquire, Haynes and Boone, LLP, Dallas, Texas, Attorneys for Defendant Virbac Corporation.
Court of Chancery of Delaware, New Castle County.
OPINION
LAMB, Vice Chancellor.
The controlling stockholder of a company recently emerged from economic challenge seeks to buy out the remaining common stock through a tender offer and short-form merger. The stockholder seeks to preliminarily enjoin the closing of the tender offer based on alleged deficiencies in the tender offer disclosures. The court finds that the stockholder has not shown a reasonable probability of success on the merits and denies...
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