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Page 419

567 A.2d 419 567 A2d 419

CHRIS-CRAFT INDUSTRIES, INC., a Delaware corporation, and
Bhc, Inc., a Delaware corporation, Defendants
Below, Appellants,
v.
WARNER COMMUNICATIONS, INC., a Delaware corporation, Time
Warner, Inc., a Delaware corporation (formerly
Time Incorporated), and TW Sub Inc., a
Delaware corporation,
Plaintiffs Below, Appellees.

No. 356,1989.

Supreme Court of Delaware.

Submitted Oct. 18, 1989.
Decided Oct. 18, 1989.

        Chancery Court, New Castle County.

        AFFIRMED.

        Court Below--Court of Chancery of the State of Delaware, in and for New Castle County: Civil Action No. 10965.

        Before CHRISTIE, Chief Justice, MOORE, and HOLLAND, Justices.

ORDER

        CHRISTIE, Chief Justice.

        This 18th day of October, 1989, the Court having considered the oral argument in this matter and the briefs filed by the parties and having concluded that the judgment of the Court of Chancery should be affirmed on the basis of and for the reasons assigned by the Chancellor in his well-reasoned Memorandum Opinion dated September 7, 1989;

        NOW, THEREFORE IT IS ORDERED that the judgment of the Court of Chancery is AFFIRMED.

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