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Court Of Chancery Adopts Merger Price In Appraisal Case
By Morris James LLP on November 1, 2013
Posted In Appraisal
Huff Fund Investment Partnership v. CKx Inc., C.A. 6844-VCG (November 1, 2013)
In this appraisal case, the Court rejected the usual DCF analysis as unreliable and instead adopted the merger price as the fair value. The facts are a bit unusual. The merger was the result of a real marketing of the company.
Tags: Appraisal
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