Martha Stewart Decision Draws Roadmap for Controller Sales to Third Parties
Cooley M&A
SEPTEMBER 1, 2017
A recent decision provides a helpful roadmap for directors and controlling stockholders (who also have fiduciary duties to the minority) when navigating sales of such companies where there are heightened litigation risks due to the presence of actual and perceived conflicts of interest. per share to $6.15 per share to $6.15
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