Gimbel v. Signal Companies, Inc.

Decided 1974-02-07

Cited by 100 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

PER CURIAM: This is a derivative action by a stockholder to enjoin his corporation, The Signal Companies, Inc., from selling all outstanding capital stock of Signal Oil Gas Company, its wholly owned subsidiary, to Burmah Oil Incorporated. In an exhaustive opinion, the Chancellor ruled that a preliminary injunction would issue restraining the sale on condition that plaintif…

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