More cases against Dole board say Murdock bid too low

06/20/2013 10:11:00 AM
Coral Beach

The clause is an attempt to skirt under the standard that requires heightened scrutiny of so-called freeze-out transactions by corporate management, Davidoff wrote. Application of the heightened standard means the Delaware courts will closely review the Dole deal for fair price and fair dealing, according to Davidoff’s column.

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