YUCAIPA AMERICAN ALLIANCE FUND v. RIGGIO, 15 A.3d 218 (Del. 2011)

YUCAIPA AMERICAN ALLIANCE FUND II, L.P., a Delaware limited partnership, and YUCAIPA AMERICAN ALLIANCE (PARALLEL) FUND II, L.P., a Delaware limited partnership, Plaintiffs Below, Appellants, v. LEONARD RIGGIO, STEPHEN RIGGIO, GEORGE CAMPBELL, JR., MICHAEL J. DEL GIUDICE, WILLIAM DILLARD, II, PATRICIA L. HIGGINS, IRENE R. MILLER, MARGARET T. MONACO, LAWRENCE S. ZILAVY, and BARNES NOBLE, INC., a Delaware corporation, Defendants Below, Appellees.

No. 565, 2010.Supreme Court of Delaware.Submitted: March 2, 2011.
Decided: March 3, 2011.

Court Below: Court of Chancery of the State of Delaware, C.A. No. 5465-VCS.

Before STEELE, Chief Justice, HOLLAND,BERGER, JACOBS and RIDGELY, Justices, constituting the Court en Banc.

ORDER
CAROLYN BERGER, Justice.

This 3rd day of March 2011, the Court, having considered this matter on the briefs and the oral arguments of the parties, and having concluded that the same should be affirmed on the basis of and for the reasons assigned by the Court of Chancery in its August 12, 2010 decision;

NOW, THEREFORE, IT IS HEREBY ORDERED that the judgment of the Chancery Court be, and the same hereby is, AFFIRMED.