HIST 3305 Lecture Notes - Lecture 24: Hollinger Inc., Sun-Times Media Group, Telegraph Media Group
Document Summary
Lomoarcpsd|2520155: voting rights: the shareholders of either corporation do not have the right to vote on the stock acquisition, cases, hollinger inc. v. hollinger international, inc. (del. 2004: facts: hollinger inc. (inc) sought a preliminary injunction to stop hollinger. Inc argued that because the telegraph group was the most prestigious and profitable parts of. Substantially all of its assets (and thus required a shareholder vote): issue: what constitutes substantially all of a business"s assets, holding: the court held that the sale of. Telegraph group would not constitute a sale of substantially all of international"s assets. It looked at the qualitative aspects and concluded that because the asset was not. The merger agreement stipulated that all of gug common stock would be converted into and exchanged for . 25. While the merger carried by two-thirds of all gug shares, it did not carry by two-thirds of the common stock.
