Thursday, August 12, 2010
OK, I'll admit. This hurt:
... At bottom, Yucaipa is simply positing an absurd scenario, at best fit
for a discussion by a Red Bull fueled group of nerdy second year law
school corporate law junkies, who find themselves dateless (big
surprise) on yet another Saturday night.
From page 57 of the Vice Chancellor Strine's opinion applying Unocal to the BKS' board's decision to adopt a pill in the face of Ron Burkle's accumulation of stock. Dealbook has the opinion here.