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Re: Druides post# 293

Friday, 01/17/2014 11:05:29 AM

Friday, January 17, 2014 11:05:29 AM

Post# of 525
why he move only this one to de ? maybe something is up

good read here http://www.dorsey.com/eu_csl_delaware_public_comp_merger_transactions/

On August 1, 2013, a number of important changes to the Delaware General Corporation Law and the Delaware Limited Liability Company Act will go into effect. Among the most important of these changes are the addition of new Section 251(h) of the DGCL, which will eliminate the need for stockholder approval of back-end mergers following certain tender offers in two-step public company merger transactions, and an amendment to Section 18-1104 of the Delaware LLC Act, which clarifies the existence of default fiduciary duties in Delaware limited liability companies. This eUpdate discusses these two important developments in Delaware entity law that are about to go into effect.

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