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.