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HARRIMAN v. E. I. DU PONT de NEMOURS & CO.

Civ. A. No. 4721.

411 F.Supp. 133 (1975)

Joan M. HARRIMAN et al., Plaintiffs, v. E. I. DU PONT de NEMOURS AND COMPANY, a Delaware Corporation, et al., Defendants.

United States District Court, D. Delaware.

December 23, 1975.

Attorney(s) appearing for the Case

Irving Morris, Joseph A. Rosenthal, Morris & Rosenthal, Wilmington, Del., and Lewis C. Murtaugh, Murtaugh, Nelson & Sweet, Chicago, Ill., for plaintiffs.

Charles E. Welch, and Lawrence C. Ashby, E. I. Du Pont de Nemours & Co., Wilmington, Del., Daniel M. Gribbon, and Cyril V. Smith, Jr., Covington & Burling, Washington, D. C., for defendant E. I. Du Pont de Nemours and Co.

S. Samuel Arsht, Morris, Nichols, Arsht & Tunnell, Wilmington, Del. and Matthew J. Broderick, Dechert, Price & Rhoads, Philadelphia, Pa., for defendant Christiana Securities Co.

Rodman Ward, Jr., Prickett, Ward, Burt & Sanders, Wilmington, Del., for individual defendants.

MURRAY M. SCHWARTZ, District Judge.

The instant case involves a challenge by several shareholders of E. I. Du Pont de Nemours and Company ("Du Pont") to a contemplated merger between Du Pont and Christiana Securities Company ("Christiana"), a closed-end non-diversified management investment company registered under the Investment Company Act of 1940. 15 U.S.C. § 80a-1 et seq. The plaintiffs, suing derivatively on Du Pont's behalf seek, on three grounds...

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