Weinberger v. UOP, Inc.
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Weinberger v. UOP, Inc., 457 A.2d 701 (Del. 1983),[1] is a case concerning United States corporate law in the context of mergers and "squeeze outs".
Quick Facts Weinberger v. UOP, Inc., Court ...
Weinberger v. UOP, Inc. | |
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Court | Supreme Court of Delaware |
Decided | February 1, 1983 (1983-02-01) |
Citation(s) | 457 A.2d 701 |
Court membership | |
Judge(s) sitting | Daniel L. Herrmann, John J. McNeilly, William T. Quillen, Henry R. Horsey, Andrew G. T. Moore II |
Case opinions | |
Decision by | Moore |
Keywords | |
Directors' duties |
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In Delaware squeeze-out mergers are subject to a two prong entire fairness test. The test focuses on the fairness of both the transaction's price and the process of approval. The two prongs are fair price and fair dealing.