Opinion ID: 1497598
Heading Depth: 1
Heading Rank: 13

Heading: entire fairness standard application on remand

Text: This Court will now review the entire fairness analysis by the Court of Chancery on remand. The Court of Chancery applied the unified approach to entire fairness mandated by established Delaware law. Kahn v. Lynch Communication Systems, Inc., Del. Supr., 638 A.2d 1110, 1115 (1994); Cede I, 542 A.2d at 1187; Rosenblatt v. Getty Oil Co., Del.Supr., 493 A.2d 929, 937 (1985); Weinberger v. UOP, Inc., Del.Supr., 457 A.2d 701, 711 (1983). The Court of Chancery also was cognizant that an entire fairness analysis required it to consider carefully how the board of directors discharged all of its fiduciary duties with regard to each aspect of the non-bifurcated components of entire fairness: fair dealing and fair price.