MOORE, Justice. Plaintiff, John Bershad, brought this action against the defendants, Curtiss-Wright Corporation (“Curtiss-Wright”) and Dorr-Oliver Incorporated (“Dorr-Oliver”), in the Court of Chancery, challenging a 1979 cash-out merger of Dorr-Oliver by its parent, Curtiss-Wright. Bershad alleged (1) that the merger was effectuated without a proper business purpose; and (2) th…
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