DOUGLAS, J.
The sole issue before this court is whether ASA is obligated by virtue of the May 25, 1982 stock purchase agreement to purchase the two hundred twenty shares of stock owned by Schlegel. The 1982 agreement does not specify what would happen to the agreement in the event of the company's merger with another corporation. Moreover, a new stock purchase agreement was not executed by the parties following the merger.
The court of appeals, citing Searl...
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