Summary
The court in this case placed a fair value of $38.05 per share on the stock of a company which was acquired in a two-step going private transaction at $10.25 per share based on a fairness opinion.
In re Emerging Communications
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See Also
Management Projections and Cost of Capital Considered
The Delaware Court of Chancery considered the use of management projections and the use of WACC and CAPM in computing the cost of capital.