United States: Delaware Supreme Court Holds That Boards Must Satisfy The MFW Framework In Controller Transactions To Obtain Business Judgment Deference - Goodwin Procter LLP

United States: Delaware Supreme Court Holds That Boards Must Satisfy The MFW Framework In Controller Transactions To Obtain Business Judgment Deference - Goodwin Procter LLP

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In 2014, the Delaware Supreme Court held in Kahn v. M&F Worldwide Corp. that a court will apply the entire fairness standard of review to freeze-out merger transactions between a controlled corporation and its controlling stockholder ...

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