(DOWNLOAD) "Alan Russel Kahn v. Tremont Corporation" by Supreme Court of Delaware # Book PDF Kindle ePub Free

May 01, 2021

eBook details

Title: Alan Russel Kahn v. Tremont Corporation
Author : Supreme Court of Delaware
Release Date : January 10, 1997
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 75 KB

Description

WALSH, Justice, with whom HOLLAND, Justice joins. This is an appeal by a plaintiff-shareholder, Alan R. Kahn (""Kahn""), from a decision of the Court of Chancery which approved the purchase by Tremont Corporation (""Tremont"") of 7.8 million shares of the Common Stock of NL Industries, Inc. (""NL""). The shares, constituting 15% of NL's outstanding stock, were purchased from Valhi, Inc. (""Valhi""), a corporation which was 90 percent owned by a trust for the family of Harold C. Simmons (""Simmons""). 1 In turn. Valhi was the owner of a majority of NL's outstanding stock and controlled Tremont through the ownership of 44% of its outstanding shares.