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Business Organizations Keyed to Smith
C & J Energy Services, inc. v. City of Miami General
Citation:107 A.3d 1049 (Del. 2014)
C & J reached an agreement to merge with a subsidiary of Nabor. Nabor would maintain control of C & J , and the newly-formed entity would be based in Bermuda for tax benefits. The agreement also included a guarantee of pro rata share of any future sale for existing C & J shareholders.
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