Milton Applebaum v. Avaya, Inc., et al.

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November 20, 2002
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Milton Applebaum v. Avaya, Inc., et al.
No. 375, 2002 (Del. 2002)
US
State Court
Delaware
Supreme Court
Veasey

Summary

The Delaware Supreme Court affirmed the lower court's definition of fair value as market value for the purposes of determining the value of a stock split under 8 Del. sec. 155. Becuase Avaya, Inc. was publically traded over the NYSE, the trading price was ...
Milton Applebaum v. Avaya, Inc., et al.
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See Also

Fair Value Is Market Value

The Delaware Supreme Court affirmed the lower court's definition of fair value as market value for the purposes of determining the value of a stock split under 8 Del. sec. 155.