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Cadwalader, Wickersham & Taft LLP

M&A Update: Chancery Court Finds Merger Price to be Most Persuasive Factor in Appraisal Action

Cadwalader, Wickersham & Taft LLP on

In a recent decision in an appraisal action, the Delaware Chancery Court reaffirmed the Court’s reluctance to substitute its own calculation of the “fair value” of a target company’s stock for the purchase price derived...more

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