In re Emerging Communications, Inc. Shareholders Litigation

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Full Text of Court Cases
June 4, 2004
4813 Telephone Communications, Except Radiotelephone
517911 Telecommunications Resellers
dissenting shareholder
shareholder dispute

In re Emerging Communications, Inc. Shareholders Litigation
2004 Del. Ch. LEXIS 70
US
State Court
Delaware
Court of Chancery
Bruce L. Silverstein, Catherine G. Dearlove, David C. McBride, Douglas E. McCann, James A. Whitney, Jonathan R. Donnellan, Kelly C. Ashby, Kevin C. Logue, Leonard P. Stark, Norman M. Monhait, P. Kevin Castel, Paul J. Ruskin, Raymond J. DiCamillo, Rosemar
Jacobs

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.