CORPORATIONS-APPRAISAL STATUTES-WHAT CONSTITUTES A WRITTEN OBJECTION TO CORPORATE MERGER SCHEME

Authors

Daniel A. Isaacson, University of Michigan Law SchoolFollow

Abstract

Plaintiff sent a letter to the president of a corporation, in which he held stock, revoking his proxy and stating that he would vote against a proposed merger with defendant corporation. Later, plaintiff demanded payment of the fair value of his shares pursuant to an appraisal statute which so permitted if a stockholder, dissatisfied with a merger plan," . . . objected thereto in writing . . . . " Held, the letter constituted a sufficient written objection for purposes of this statute. Wiswell v. General Waterworks Corporation, (Del. Ch. 1949) 66 A. (2d) 424.

Recommended Citation

Daniel A. Isaacson, CORPORATIONS-APPRAISAL STATUTES-WHAT CONSTITUTES A WRITTEN OBJECTION TO CORPORATE MERGER SCHEME, 48 Mich. L. Rev. 525 (1950).
Available at: https://repository.law.umich.edu/mlr/vol48/iss4/13