The Minnesota Court of Appeals affirmed the lower court’s determination of fair value at the merger consideration in this dissenting shareholder action. It affirmed the lower court’s decision to give no weight to the four experts that testified because th ...
Rainforest Cafe, Inc. v. State of Wisconsin Investment Board
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Court Rejects Experts' Opinions, Uses Tendered Price
The issue in this dissenters’ rights action was the fair value of the shares of Rainforest Cafe Inc.