WebMay 18, 2024 · (the “Merger Agreement”) whereby Exact acquired Genomic for cash and stock valued, in combination, at $2.8 billion(the “Merger”) . The Merger was approved by … WebAnyway, this is a long-winded introduction to the fact that the Chancery Court just weighed in on this issue again, in Flannery v. Genomic Health Inc., et al., (Del. Ch. 8/21). In that case, Vice Chancellor Slights held that a deal in which 58% of the consideration was in the form of stock didn’t trigger Revlon:

Terms Of $2.8B Genomic Sale Shield Deal, Chancery Told

WebAug 17, 2024 · Flannery sued the companies in June 2024, according to her original complaint. In an amended proposed class action, the … WebAug 17, 2012 · Flannery v. Genomic Health, Inc. The court reasoned that a mere desire to sell cannot create a conflict given that controlling stockholders… In re Morton's Rest. Grp., Inc. Shareholders Litig. See, e.g., In re Synthes, Inc. S'holder Litig., 50 A.3d 1022, 1026 (Del.Ch.2012) (“Having premised their… midlawn funeral home washington mo

Week Ahead in Mergers & Acquisitions: May 17, 2024 Reuters

WebLaw360 (August 17, 2024, 4:17 PM EDT) -- The Chancery Court has dismissed all claims in a stockholder suit alleging multiple conflicts and breaches of duty in Genomic Health Inc … Webgenomic & biological age; iv vitamin power infusion; glutathione boost; hyperbaric oxygen therapy; women’s health. sex enhancement / incontinence; vaginal atrophy; sleep … WebThe basic principle that informs all discussion of fiduciary duties is the "cardinal precept," as the Delaware Supreme Court has put it, that the corporation's directors, not its stockholders, manage the corporation's business and affairs (Aronson v.Lewis, 473 A.2d 805, 811 (Del. 1984), overruled on other grounds by Brehm v. Eisner, 746 A.2d 244, 253-54 (Del. 2000)). newstead tas map