Should brandt and others succeed in desire to prevent merger

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Question: Brandt and others, stockholders in Travelers Corporation, sued to prevent the merger of Travelers and Primerica Corporation, claiming that the merger offer was inadequate and that the directors of Travelers approved the merger offer only to advance their individual interests. The merger offer had been approved by over 95 percent of Travelers' shareholders. Should Brandt and others succeed in their desire to prevent the merger? (Brandt v. The Travelers Corporation, 665 A.2d 616)

Reference no: EM131494328

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