Summary
At issue is the the redemption price or sale price of MCC, Inc. shares by the shareholders.
See Also
Net Asset Value Required by Terms of Agreement
The issue in this appeal after remand was the method to be used for valuing the stock of MCC Inc. , a ready-mix concrete, mining, and road paving business, for the purpose of a corporate redemption under a shareholder agreement.
Murphy v. MCC, Inc.
MCC Inc. stockholders appeal judgment against them that occurred as a result of their attempts to redeem their shares pursuant to an ambiguous agreement.