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Please write an essay in IRAC format for the following: Corporation Pearl who is President of Oilco Corporation, enters into negotiations with Wood Corps President Vera on February 20th about

Please write an essay in IRAC format for the following:
Corporation
Pearl, who is President of Oilco Corporation, enters into negotiations with Wood Corps President, Vera, on February 20th, about a potential merger. Things are looking promising, and that afternoon Pearl tells her husband, Horace, about the negotiations.
Later that evening, Horace is at the gym and mentions to Investor what Pearl had told him.
The following day, Investor contacts Bill, who has been talking about selling his 10,000 shares of Wood Corp because of its sluggish performance.
On March 1, Bill agrees to meet with Investor and, over coffee, Investor purchases Bills 10,000 shares at $50 per share, while the going rate is $48 per share.
When news of the merger is made public on July 17, Wood Corps stock soars to $60 per share.
Initially, Investor plans to hold onto the stock, but on December 5th, he decides to retire, and sell all 10,000 shares for $550,000.
What issues, if any, related to Corporation Law, are raised by the above facts?

Feb 15 2020 View more View Less

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