Delaware Chancery Court reaches huge fair value conclusion - Standard of review is “entire fairness”

Business Valuation UpdateVol. 10 No. 8
August 2004
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA

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Summary

A recent decision of the Delaware Chancery Court placed an amazing fair value of $38.05 per share on the stock of Emerging Communications, Inc. (ECM), which was acquired in a two-step going ...