Gail Weinstein, Philip Richter, Brian T. Mangino and Andrew J. Colosimo

Fried Frank Discusses High Bar for Deeming Minority Shareholder a Controller

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In In re Essendant Inc. Stockholder Litigation (Dec. 30, 2019), the plaintiff-stockholders of Essendant, Inc. (the “Company”) brought claims against the Company’s directors for their decision to terminate an agreement for a stock-for-stock merger with Genuine Parts Company (“GPC”) in …