Huff Fund Investment Partnership v. CKx, Inc. (I)

BVLaw
Full Text of Court Cases
October 31, 2013
4833 Television Broadcasting Stations
515120 Television Broadcasting
shareholder dissent/oppression
expert testimony, fair value, discounted cash flow (DCF), merger, statutory appraisal, guideline company method

Huff Fund Investment Partnership v. CKx, Inc. (I)
2013 Del. Ch. LEXIS 262
US
State Court
Delaware
Court of Chancery
Robert Reilly (petitioners); Jeffrey Cohen (respondent)
Glasscock

Summary

In statutory appraisal action, Chancery finds experts’ comparable analyses and DCF analyses are unreliable techniques with which to determine the target’s fair value; instead, the court opts to adopt the merger price, which it says resulted from a sales p ...
Huff Fund Investment Partnership v. CKx, Inc. (I)
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See Also

Delware Chancery Prefers Use of Merger Price to Determine Fair Value

In statutory appraisal action, Chancery finds experts’ comparable analyses and DCF analyses are unreliable techniques with which to determine the target’s fair value; instead, the court opts to adopt the merger price, which it says resulted from a sales p ...