In re Merge Healthcare Inc. Stockholders Litigation

BVLaw
Full Text of Court Cases
January 30, 2017

Access the Full Article

This article and its downloads are available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (9,880 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7372 Prepackaged Software
511210 Software Publishers
breach of fiduciary duty
discounted cash flow (DCF), entire fairness, merger, fairness opinion, net operating loss, business judgment, compensation, cash flow projections
In re Merge Healthcare Inc. Stockholders Litigation
2017 Del. Ch. LEXIS 17
US
State Court
Delaware
Court of Chancery
Goldman Sachs (financial advisor, subject company)
Glasscock

Summary

Chancery says proxy gave disinterested shareholders sufficient information about valuation analysis underlying financial advisor’s fairness opinion to enable informed vote, and it dismisses breach-of-fiduciary-duty claims under business judgment rule.
In re Merge Healthcare Inc.
PDF, Size: 366 KB

See Also

Proxy Disclosed Sufficient Valuation Data to Allow Informed Vote on Merger

Court Case Digests
January 30, 2017

Chancery says proxy gave disinterested shareholders sufficient information about valuation analysis underlying financial advisor’s fairness opinion to enable informed vote, and it dismisses breach-of-fiduciary-duty claims under business judgment rule.

This article also appears in:
BVR Guide to Management Projections and Business Valuation: Analysis and Case Law