Paramount Communications, Inc. v. Time Inc.

Paramount Communications, Inc. v. Time Inc., Fed. Sec. L. Rep. (CCH) ¶ 94, 514 (Del. Ch. 1989); aff'd, 571 A.2d 1140 (Del. 1989) is a U.S. corporate law case from Delaware, concerning defensive measures in the mergers and acquisitions context. The Delaware Court of Chancery and the Supreme Court of Delaware upheld the use of defensive measures to advance the long-term goals of the target corporation, where the corporation was not in "Revlon mode".

Paramount Communications, Inc. v. Time Inc.

Paramount Communications, Inc. v. Time Inc., Fed. Sec. L. Rep. (CCH) ¶ 94, 514 (Del. Ch. 1989); aff'd, 571 A.2d 1140 (Del. 1989) is a U.S. corporate law case from Delaware, concerning defensive measures in the mergers and acquisitions context. The Delaware Court of Chancery and the Supreme Court of Delaware upheld the use of defensive measures to advance the long-term goals of the target corporation, where the corporation was not in "Revlon mode".