Summary
Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.
Rubin v. Bedford
PDF, Size: 113 KB
See Also
Expert’s Poor Grasp of Valuation Issues Undercuts Shareholder Suit
Appeals court affirms soundness of going private merger; court says plaintiffs failed to point to better offer and their expert lacked formal accounting, economics, and valuation training and displayed a light grasp of issues related to company’s value.