According to Catalytica, the amendment reflects the company's encouragement of strong institutional ownership in response to the continued support it has received from some of its largest
stockholders.
In this installation, the tyranny of mass-produced kitchenware and bright plastic storage bins was unfortunately only amplified by the living-room area
Stockholder created in the gallery with mismatched pieces of uninteresting, dirty furniture, all on an orange rug.
First, the Tax Court looked to the
stockholder restricted and director restricted matters on which a class vote was required.
"Equally, the
stockholder can advise customers on the products the mills can supply most easily to meet their requirements."
But perhaps most interesting (from a progressive standpoint) was the fourth provision of the law, which allowed corporate directors who are weighing take over bids to consider not only the
stockholders' interests but also those of employees, customers, suppliers, and the company's surrounding community--the stakeholders, as they are called.
In general, the basic findings from the event studies of the announcement effects of mergers provide generally consistent evidence that there are gains to
stockholders of target firms.
First, sole ownership of the corporation by a single
stockholder prevents its classification as a CHC.
If the
stockholder violates these confidentiality rules by sharing the information with unauthorized persons, or making them public to put the corporation in a bad light, he or she could find himself or herself in serious legal trouble.
During Orbital's special
stockholder meeting, Orbital
stockholders voted to approve the merger.
(NYSE: APP) said that its board of directors has adopted a new, one-year
stockholder rights plan that is designed to strengthen the ability of the board to protect its
stockholders.
The 2010 case, In re CNX Gas Corporation Shareholders Litigation, established that the Delaware courts would apply business judgment rule review in the case of a controlling
stockholder tender offer, so long as certain procedural safeguards were in place to protect the minority
stockholders.